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New Solana Token $wBONK Shows Promising Start but Risks Remain
The new Solana-based token, $wBONK, has been listed with a market capitalization of just $11,420 and a price of $0.0000114. It currently has 233 holders and was launched on July 7, 2025. On-chain data shows no recent smart money activity, with the top 10 holders controlling 37.71% of the supply, which is not a honeypot. Developer wallet holds 0.03 SOL, and the top holders collectively own over a third of the tokens. Caution is advised given the high risk demonstrated by the low market cap, limited activity, and absence of social media presence. Investors should conduct thorough research and remain vigilant against potential scams like rug pulls.
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AI Analysis
This newly listed Solana token, $wBONK, presents an interesting case for investors interested in early-stage cryptocurrencies. The low market cap indicates it is still in very initial phases of circul...
AI Recommendation
Given the current data, a cautious approach is advisable. Investors interested in $wBONK should conduct comprehensive research, including understanding the project’s development team, roadmap, and com...
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.