Spotted an interesting memecoin on Solana showing notable trading activity over the past 24 hours. The buy volume hit around $20,932 against a sell volume of $13,724, indicating stronger buying pressure relative to selling interest.
However, the liquidity situation looks tight at essentially zero, which means slippage could be a real concern for larger trades. The market cap sits at roughly $29,628, keeping it firmly in microcap territory.
The buy-to-sell volume ratio is what caught attention here. That ~1.5x buying advantage suggests there's enough retail interest to move things around, though low liquidity is definitely something to monitor. Not the kind of setup you'd typically jump into without doing your homework first.
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LightningWallet
· 7h ago
There is almost no liquidity... Isn't this a trap? The slippage skyrocketed directly.
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GasFeeCrier
· 7h ago
Liquidity is almost zero? How do you play this? The slippage is terrifying.
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DiamondHands
· 7h ago
Liquidity is close to zero? The buy-sell ratio looks tempting, but you really need to be careful. A single large order can wipe out the order book.
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FloorPriceWatcher
· 7h ago
There is almost no liquidity... This buy and sell look tempting, but there could be many pitfalls.
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GasFeeCryBaby
· 7h ago
Liquidity approaching zero is really unsustainable; the more you buy, the more outrageous the slippage... Maybe it's better to just observe this micro-market for now.
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StableGeniusDegen
· 7h ago
The buy-sell ratio of 1.5x looks good, but there's almost no liquidity... I really don't dare to get involved in this kind of situation.
Spotted an interesting memecoin on Solana showing notable trading activity over the past 24 hours. The buy volume hit around $20,932 against a sell volume of $13,724, indicating stronger buying pressure relative to selling interest.
However, the liquidity situation looks tight at essentially zero, which means slippage could be a real concern for larger trades. The market cap sits at roughly $29,628, keeping it firmly in microcap territory.
The buy-to-sell volume ratio is what caught attention here. That ~1.5x buying advantage suggests there's enough retail interest to move things around, though low liquidity is definitely something to monitor. Not the kind of setup you'd typically jump into without doing your homework first.