watch

New Solana Token $ye Listed on MoonX with Low Market Cap, High Risks

The new listing on MoonX for the $ye token on Solana shows a very low market cap of $52,750 and a price of $0.0000527, with 254 holders as of the start time on June 8, 2025. On-chain data indicates no recent smart money trades in the last 15 minutes, raising caution about current investor activity. The project has permissioned audit features, confirming it is not a honeypot, burn pool, or blacklisted, but the developer wallet holds 1.73 SOL, and the top 10 holders control nearly 44% of the tokens. Related links include Twitter and a website, but Telegram is not available. The community is advised to exercise caution, conduct thorough research, and avoid FOMO, given the high risks associated with cryptocurrency investments, especially in new, low-market-cap tokens.
Source available for registered users Sign Up Free

AI Analysis

The $ye token's listing on MoonX highlights a common scenario in the decentralized finance (DeFi) space where new tokens with very low market capitalizations are introduced to attract speculators. The...

AI Recommendation

Given the information, it is prudent to maintain a cautious stance on the $ye token. The low trading activity, high concentration of holdings, and general risk warnings suggest that now may not be the...

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.

You might also be interested in: