Solana-Based $bless Token Listing Sparks Caution Despite Low Activity

The new token $bless on Solana has been listed with a current market cap of approximately $53,610 and a price of just $0.0000536. It has 392 holders and started trading on June 11, 2025. Recent on-chain data shows no smart money trades in the last 15 minutes, which suggests low recent activity or interest from institutional investors. The audit indicates that the token is not a honeypot, but it does not have a burn pool feature, and it is not blacklisted. Developer wallets hold about 9.22 SOL, and the top 10 holders together possess 32.03% of the token, which hints at some centralization. Community and risk factors highlight that cryptocurrency investments are highly volatile and risky. It is essential to perform thorough research and avoid FOMO. The project warns investors to be cautious of scams, including rug pulls. Community members are encouraged to stay updated via announcements and share insights. Overall, this listing appears to be in its early stages with low activity, and the high concentration among top holders raises some concerns about decentralization and potential manipulation. The absence of recent trades could imply lack of immediate interest or initial low liquidity. Investors should approach with caution, considering the high risk and limited activity, and should perform due diligence before committing capital.