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Spotted some interesting activity on $Rio today - this Solana token on PumpFun is showing decent volume patterns.
24-hour numbers looking like this:
• Buy volume sitting at $42.8K
• Sell volume close behind at $41.3K
• Market cap hovering around $7K
• Liquidity pool currently at zero (worth noting)
The buy-sell ratio is nearly balanced, which sometimes signals either accumulation phase or just organic chop. That zero liquidity though? Definitely a risk factor to keep in mind if you're watching this one.
Anyone else tracking tokens in this market cap range on Solana? The volume-to-MC ratio here is actually wild - over 6x the market cap in daily volume. High risk, high volatility territory for sure.