Just spotted something interesting on Solana - there's a token called BAOBAO making moves on Meteora DEX.
Here's what caught my eye: 24-hour buy volume sitting at $12, while sell volume's basically dormant at $0. Liquidity's sitting around $51, and the market cap is hovering near $97,705.
Obviously early stage with minimal trading activity, but worth keeping on the radar if you're into tracking emerging tokens on Solana. The volume disparity (buyers vs sellers) is something to monitor - could indicate strong entry interest or just low activity overall.
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GateUser-addcaaf7
· 3h ago
Such an outrageous trading volume, be careful... Buying at 12 and selling at zero, who are they trying to fool?
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liquidation_watcher
· 3h ago
Buying long and selling zero? That sounds a bit risky. Be careful not to get caught in a trap.
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WinterWarmthCat
· 3h ago
The buy-sell spread is so outrageous... This is a typical example of low liquidity, as early-stage coins generally are.
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ponzi_poet
· 3h ago
Baobao, I just took a look at this coin, and the liquidity is only $51? LOL, the risk is off the charts.
Just spotted something interesting on Solana - there's a token called BAOBAO making moves on Meteora DEX.
Here's what caught my eye: 24-hour buy volume sitting at $12, while sell volume's basically dormant at $0. Liquidity's sitting around $51, and the market cap is hovering near $97,705.
Obviously early stage with minimal trading activity, but worth keeping on the radar if you're into tracking emerging tokens on Solana. The volume disparity (buyers vs sellers) is something to monitor - could indicate strong entry interest or just low activity overall.