Spotted an interesting token on Solana lately - PUMPFUN's been showing some curious trading patterns.
Over the past 24 hours, buy-side volume hit around $5,471 while sell pressure came in at $2,247. That's roughly a 2.4:1 buy-to-sell ratio, which isn't terrible. Market cap's sitting at $12,168 right now, pretty low-cap territory.
One thing that stands out? Zero liquidity reported. That's a massive red flag for anyone considering this. Without proper liquidity, you're basically gambling on whether you can exit your position.
The contract's live on Solana if anyone wants to do their own research. Just remember - these micro-cap plays can disappear overnight. DYOR applies here more than anywhere else.
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ForkLibertarian
· 11-30 03:33
Zero liquidity? Isn't this just a trap? It's easy to buy in but selling out is a nightmare.
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GasGuzzler
· 11-30 03:33
Zero liquidity? Isn't this just a stubborn homeowner, easy to enter but hard to exit?
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UncleLiquidation
· 11-30 03:30
Zero liquidity? This is a minefield, once you buy in, you can't get out. A 2.4:1 ratio can't fool anyone.
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DefiEngineerJack
· 11-30 03:22
zero liquidity? *sigh* another day, another rugpull waiting to happen. that 2.4:1 ratio means absolutely nothing when you can't actually exit, ser. empirically speaking, this is just exit liquidity bait
Spotted an interesting token on Solana lately - PUMPFUN's been showing some curious trading patterns.
Over the past 24 hours, buy-side volume hit around $5,471 while sell pressure came in at $2,247. That's roughly a 2.4:1 buy-to-sell ratio, which isn't terrible. Market cap's sitting at $12,168 right now, pretty low-cap territory.
One thing that stands out? Zero liquidity reported. That's a massive red flag for anyone considering this. Without proper liquidity, you're basically gambling on whether you can exit your position.
The contract's live on Solana if anyone wants to do their own research. Just remember - these micro-cap plays can disappear overnight. DYOR applies here more than anywhere else.