Just spotted an interesting token making waves on Solana's Meteora ecosystem. GENIUS is showing some notable trading activity:
24-hour trading volume is sitting at $14 on buys and $608 on sells, indicating some interesting selling pressure at the moment. The project currently holds $23,384 in liquidity with a market cap of $65,901.
These are still early-stage numbers for a newer token project. If you're tracking emerging Solana tokens or looking to dive into the Meteora ecosystem, this one's worth keeping an eye on. The liquidity levels are relatively modest, so typical caution applies when dealing with lower-cap projects.
What's your take on Solana-based tokens in this market cycle?
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MEVictim
· 8h ago
Another new coin on Solana... with such strong selling pressure, do you really dare to buy?
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DuckFluff
· 8h ago
Such strong selling pressure... feels like a dump is coming.
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zkProofGremlin
· 8h ago
The sell order pressure is so high, it feels like someone is dumping... Be careful not to get caught holding the bag.
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LiquidityWizard
· 8h ago
ngl the buy/sell ratio here is absolutely unhinged... $14 buys vs $608 sells? statistically speaking that's not a token, that's a liquidation event waiting to happen. but yeah, keep watching i guess lol
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ProposalManiac
· 9h ago
Such strong selling pressure, a buy-sell ratio of 1:43? There's a problem with this mechanism design.
Just spotted an interesting token making waves on Solana's Meteora ecosystem. GENIUS is showing some notable trading activity:
24-hour trading volume is sitting at $14 on buys and $608 on sells, indicating some interesting selling pressure at the moment. The project currently holds $23,384 in liquidity with a market cap of $65,901.
These are still early-stage numbers for a newer token project. If you're tracking emerging Solana tokens or looking to dive into the Meteora ecosystem, this one's worth keeping an eye on. The liquidity levels are relatively modest, so typical caution applies when dealing with lower-cap projects.
What's your take on Solana-based tokens in this market cycle?