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Noticed something interesting about a token $CWIF on Solana:
In the past 24 hours, both buy and sell volumes are 0, liquidity is only $3, but the market cap is marked at $1.31 million.
These numbers look absurd—either it’s a brand new pool with no trades yet, or it’s a liquidity trap. In any case, when liquidity and market cap are so mismatched, everyone should think twice before getting involved.