Interesting numbers seen today at $GMN on Solana: the 24-hour buying volume is around $13.6k, while the selling volume stands at about $11.4k. The market capitalization is currently $9k. What I notice – the liquidity shows $0 , which sometimes happens with such small caps. The buy/sell ratio looks initially positive with more buyers than sellers. But at this scale and the liquidity situation, one should be cautious. Typical micro cap scenario on the Solana chain.
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BrokeBeans
· 3h ago
Liquidity 0? These low-cap coins can explode with just a touch. What's the point of having a nice buy-sell ratio...
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ChainWanderingPoet
· 7h ago
Liquidity directly 0? How can you trade this, a sell order could just crash the floor, haha.
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DAOdreamer
· 7h ago
Liquidity is 0? This is a trap, buying in may not be able to escape.
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VitalikFanAccount
· 7h ago
Liquidity $0? This is a trap, how do I get out?
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OnchainHolmes
· 8h ago
Liquidity $0? Isn't this just a traffic light for rug risk? No matter how good the buy-sell ratio looks, it's useless.
Interesting numbers seen today at $GMN on Solana: the 24-hour buying volume is around $13.6k, while the selling volume stands at about $11.4k. The market capitalization is currently $9k. What I notice – the liquidity shows $0 , which sometimes happens with such small caps. The buy/sell ratio looks initially positive with more buyers than sellers. But at this scale and the liquidity situation, one should be cautious. Typical micro cap scenario on the Solana chain.