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Spotted something interesting on Solana today - token ticker $Biao showing some movement.
Quick snapshot of the numbers:
• 24h buy-side volume hit $36,975
• Sell-side came in at $26,266
• Current market cap sitting at $48,508
• Liquidity? Literally zero bucks.
That liquidity situation is wild. No cushion whatsoever. Classic high-risk meme coin territory on the Solana chain - the kind that either rockets or craters in minutes. Buy pressure's outpacing sells by about 40% though, which caught my attention.
Anyone else tracking this one? Feels like one of those pump-era tokens still floating around. The volume-to-mcap ratio is actually decent for something this small.