Found an interesting token on the Solana chain that shows quite active trading over the last 24 hours.
The purchase volume was approximately $43,288 while the sell side reached $32,440 during the same period. The market value has stabilized around the $52,222 level right now, but liquidity still seems to be limited.
The trading activity suggests that there is some interest from both speculators and short-term traders. The buying pressure is slightly stronger than the selling pressure, which may indicate a temporary upward sentiment, but with zero reported liquidity, one should be cautious.
What do you think about such micro-cap tokens on Solana? Worth monitoring or too risky?
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MevSandwich
· 15h ago
Zero liquidity directly pass, this kind of market can be smashed with a single hand, no matter how much it rises, I still dare not touch it.
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Whale_Whisperer
· 12-01 12:26
zero liquidity? this is pump and dump territory... watch out
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GasFeeNightmare
· 12-01 12:25
no liquidity? it's basically a lottery, just skip it altogether
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AirdropHunter
· 12-01 12:23
nah, I directly pass on things with zero Liquidity, it looks like a plate prepared for dumb buyers.
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digital_archaeologist
· 12-01 12:20
zero liquidity? This thing is a Liquidity Trap, man. Once you buy in, you're locked in.
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NotSatoshi
· 12-01 12:09
Zero liquidity, just pass. It's too easy for this token to rug pull...
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WenMoon42
· 12-01 12:04
zero liquidity = instant rug pull waiting to happen, hard pass for me
Found an interesting token on the Solana chain that shows quite active trading over the last 24 hours.
The purchase volume was approximately $43,288 while the sell side reached $32,440 during the same period. The market value has stabilized around the $52,222 level right now, but liquidity still seems to be limited.
The trading activity suggests that there is some interest from both speculators and short-term traders. The buying pressure is slightly stronger than the selling pressure, which may indicate a temporary upward sentiment, but with zero reported liquidity, one should be cautious.
What do you think about such micro-cap tokens on Solana? Worth monitoring or too risky?