Recently, a PumpFun token on the Solana chain was monitored on DEXScreener, and the trading data is worth noting. According to the 24-hour data, the buy volume reached $16,260, while the sell volume was $10,433, indicating a clear buying pressure. This imbalance between buy and sell often reflects market participants' sentiment—more funds are flowing in rather than out.

However, it is important to note that the token's liquidity is currently $0. What does this mean? Insufficient liquidity can directly impact slippage and the actual transaction price, posing relatively higher risks for participants. At the same time, the market cap is only $22,189, indicating a very early project stage.

From a data perspective, although trading volume is active, the extremely low liquidity and market cap determine the high-risk nature of such projects. If you're interested in emerging tokens on the Solana chain, you can continue to observe their chart trends and subsequent trading activity, but be sure to conduct risk assessments before entering.