A Solana token surged 846% in 24 hours, trading at $0.000413 with a market cap around $413k. Daily volume hit $1.1M against a thin liquidity pool of just $32k—a major red flag. Five wallets rushed in recently, three brand-new addresses joining the frenzy. Early buyers are already cashing out, with sells accounting for 46% of recent activity. The hourly chart shows -0.4% and the 6-hour is down 2.2%, revealing cooling momentum beneath the surface. While the move looks explosive, the order book depth is concerning. Monitoring wallet flows and tracking liquidity movements becomes critical here—this kind of price action on thin books can reverse fast.
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.
14 Likes
Reward
14
3
Repost
Share
Comment
0/400
MEVictim
· 13h ago
A typical rug setup, with only 32k liquidity, still dares to pump 846%, hilarious.
View OriginalReply0
0xOverleveraged
· 13h ago
A typical rug pull scheme with tokens, where volume and liquidity are completely mismatched. Early investors have already exited, and those who entered now are just bagholders.
View OriginalReply0
OnchainDetectiveBing
· 13h ago
It's the same old trick again, 846% increase with 32k liquidity, a typical rug pull tease, brother.
A Solana token surged 846% in 24 hours, trading at $0.000413 with a market cap around $413k. Daily volume hit $1.1M against a thin liquidity pool of just $32k—a major red flag. Five wallets rushed in recently, three brand-new addresses joining the frenzy. Early buyers are already cashing out, with sells accounting for 46% of recent activity. The hourly chart shows -0.4% and the 6-hour is down 2.2%, revealing cooling momentum beneath the surface. While the move looks explosive, the order book depth is concerning. Monitoring wallet flows and tracking liquidity movements becomes critical here—this kind of price action on thin books can reverse fast.