A newly launched token on Solana is showing interesting trading activity. Over the past 24 hours, it's recorded roughly $22k in buying volume against $17.3k in selling pressure. The current market cap sits around $17,900, while liquidity levels are minimal at the moment. The token launched through a popular Solana launchpad, attracting early traders looking to catch moves in the ecosystem. Trading metrics suggest cautious optimism, with buy volume maintaining a slight edge over sells. This type of early-stage project activity is typical as the Solana network continues attracting new projects seeking to tap into the ecosystem's speed and lower costs compared to other chains.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
7 Likes
Reward
7
7
Repost
Share
Comment
0/400
WhaleMistaker
· 9h ago
Is Solana launching a new coin again? The liquidity is way too scarce...
View OriginalReply0
GasOptimizer
· 9h ago
Buy and sell ratio is 22k to 17.3k. Is the difference... just that much when you carefully calculate the arbitrage space? Liquidity is also extremely low. A quick data analysis shows this is a typical pumped & dumped reserve.
View OriginalReply0
SerumDegen
· 9h ago
ngl this $22k buy vol vs $17.3k sell is giving me "rugpull waiting to happen" energy... minimal liquidity on a fresh launch? classic recipe for cascade effects when first whale decides to exit lmao
Reply0
SmallTownBigGodOfWealth
· 9h ago
。。。。。。。。。。。。。。。。。。
Reply0
MissedAirdropBro
· 9h ago
Is this the kind of situation where buying volume just barely exceeds selling volume again... Can you really trust it, with such poor liquidity?
View OriginalReply0
SorryRugPulled
· 9h ago
Another new coin on Solana, buying volume slightly exceeds selling volume, I’m familiar with this trick.
View OriginalReply0
AmateurDAOWatcher
· 9h ago
There's a new coin on Sol, huh? Why are these trades so risky?
A newly launched token on Solana is showing interesting trading activity. Over the past 24 hours, it's recorded roughly $22k in buying volume against $17.3k in selling pressure. The current market cap sits around $17,900, while liquidity levels are minimal at the moment. The token launched through a popular Solana launchpad, attracting early traders looking to catch moves in the ecosystem. Trading metrics suggest cautious optimism, with buy volume maintaining a slight edge over sells. This type of early-stage project activity is typical as the Solana network continues attracting new projects seeking to tap into the ecosystem's speed and lower costs compared to other chains.