New Solana Token $whallah Listed on MoonX with Low Activity and High Risk

The newly listed Solana-based token $whallah on MoonX shows a modest market capitalization of approximately $52,040 and a very low price point of $0.000052, with 515 holders to date. Currently, there are no recent smart money trades recorded within the last 15 minutes, indicating limited activity from large investors. Key audit findings reveal that the token is not a honeypot and lacks burn pool mechanisms, with a developer wallet holding a balance of 5.80 SOL and top 10 holders owning around 42.32%. The start date for trading was on June 7, 2025. Investors are urged to exercise caution, conduct thorough research, and be aware of common scam tactics such as rug pulls. Overall, the token's low trading activity and high initial concentration warrant a cautious approach.

New Solana Token Listing on MoonX Sparks Caution Amid Low Activity

The recent debut of $whallah on MoonX captures attention with its small market cap and limited holder base. With no significant smart money movements and a concentrated ownership among top holders, the token currently exhibits minimal trading activity. Audits confirm it is not a honeypot, but the lack of other protective mechanisms and the developer’s sizable wallet underscore the need for diligent research. Investors should be wary of potential risks, especially given the overall landscape of new tokens and prevalent scams.