Saw an interesting movement with a Solana token today. The 24-hour numbers show a buy volume of $61,807 versus sales of $50,580 – so there are currently more buyers than sellers.
The market capitalization is at $54,112, with liquidity currently at $0 . That’s definitely a warning signal to keep in mind.
Such pump projects can become volatile quickly. Anyone looking into this should definitely be cautious and only use money they can afford to lose. The data is real, but the lack of liquidity makes it risky fast.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Saw an interesting movement with a Solana token today. The 24-hour numbers show a buy volume of $61,807 versus sales of $50,580 – so there are currently more buyers than sellers.
The market capitalization is at $54,112, with liquidity currently at $0 . That’s definitely a warning signal to keep in mind.
Such pump projects can become volatile quickly. Anyone looking into this should definitely be cautious and only use money they can afford to lose. The data is real, but the lack of liquidity makes it risky fast.