An interesting new exchange token has appeared in the Meteora ecosystem. The market data for $MON reveals quite a serious situation:
The 24-hour trading statistics look as follows: purchases amounted to around $27,222, while sales were about $10,673. Liquidity stands at $57,549, providing some form of stability for a smaller investor group.
The market cap is currently at $397,506. This is a smaller mover, but still a decent subject for those closely following the development of the Solana chain.
It's that classic small find on the exchange — either it gets canceled or it dies. It's worth watching how this develops.
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MentalWealthHarvester
· 3h ago
Wait, the buy order is at 27K and the sell order is only at 10K? That's a pretty big gap. Be careful not to get liquidated.
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EternalMiner
· 3h ago
Another small coin on Solana, with such a big gap between buy and sell? Liquidity is only 57k, a single big holder can crash the market.
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OnChainDetective
· 3h ago
yo that buy/sell ratio tho... 2.5x more buys than sells? ngl smells like typical pump setup. liquidity at 57k against 397k mcap screams trap waiting to happen. been seeing this pattern for years, always ends the same way
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TokenTherapist
· 3h ago
Bro, $MON is way too small, with only about fifty thousand dollars in liquidity. If a big investor drops in ten thousand dollars, it might just take off... But because of that, the risks are piling up, so I'll just watch for now.
An interesting new exchange token has appeared in the Meteora ecosystem. The market data for $MON reveals quite a serious situation:
The 24-hour trading statistics look as follows: purchases amounted to around $27,222, while sales were about $10,673. Liquidity stands at $57,549, providing some form of stability for a smaller investor group.
The market cap is currently at $397,506. This is a smaller mover, but still a decent subject for those closely following the development of the Solana chain.
It's that classic small find on the exchange — either it gets canceled or it dies. It's worth watching how this develops.