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New Solana Token $TENA Launch Sparks Caution Amid Limited Activity
The recent launch of $TENA on the Solana blockchain marks a new entry to watch in the crypto space with a modest market cap of $54.72K and a price of $0.0000547. Currently, there are 453 holders, and the project began trading on June 9, 2025. On-chain data shows no recent smart money trades, indicating limited recent investor activity. The project’s permissions reveal no honeypot or burn pool features, although the top 10 holders control nearly 42%, which could imply centralization risk. Developer's wallet holds 0.03 SOL, and although official social links are established, Telegram remains inactive. Investors should remain cautious, noting the high risk associated with cryptocurrencies, potential scams, and Rug Pulls. Staying updated through community channels is recommended.
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AI Analysis
The launch of $TENA on Solana introduces a digital asset with a very modest market cap of approximately $54.7K and a very low current price of about $0.0000547. The token’s on-chain data indicates a l...
AI Recommendation
Given the limited on-chain activity and high concentration of tokens among a few holders, it is advisable to approach $TENA with caution. Potential investors should perform thorough due diligence and ...
Disclaimer
The AI analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.