🔥 In May, up to 455,000 new tokens were created on the blockchain of #Solana . This number is the highest record ever for the number of new tokens issued in a month on Solana. Since the beginning of 2024, the total number of new tokens issued on Solana has reached about 1.1 million tokens.
However, the majority of these new tokens (more than 95%) usually only exist for a few short days or weeks and then disappear, leaving no trace. This shows that many new tokens are created solely for the purpose of speculation and profiteering, scams and not based on real projects.
Therefore, newbies new to the market, please be careful and do not jump into tokens like these because of the desire for quick profits. Always research the product carefully before buying, or if you like it so much and want to buy it, decide to lottery a few coins just for fun, don't dream of getting rich with these tokens!
