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A new token called $ARCH has been discovered on Solana, and the data looks pretty interesting.
Trading activity in the last 24 hours: about $2,000 in buys and around $2,500 in sells, so the selling pressure is slightly higher. The liquidity pool is currently around $23,000, and the market cap is a bit over $52,000.
For tokens at this early stage, data fluctuations are definitely going to be bigger. The ratio between liquidity and market cap is still fairly normal, with nothing too extreme. That said, projects of this size naturally carry a lot of risk, so if you're interested, make sure to do your own research.
Is anyone else following this?