Spotted something interesting on Solana's Meteora - $PUBBS is showing some wild trading action lately.
Here's what the numbers are telling us: 24-hour buy volume hit $281K while sells came in at $246K. That's a pretty tight spread. Liquidity pool sitting at around $69K, and the market cap? Climbing up to $168.6M.
The buy pressure slightly outpacing sells could mean early accumulation phase, or just another meme coin pump waiting to reverse. Either way, worth keeping on the radar if you're tracking Solana DEX movements.
Contract details: Eb11yHWDJgmH1u1KSQDvikG2rgW4X2xYmhaNp171KuyF for those who want to dig deeper into the on-chain data.
Always DYOR before jumping into any token, especially with these liquidity levels.
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.
4 Likes
Reward
4
6
Repost
Share
Comment
0/400
SighingCashier
· 21h ago
A buy-sell spread of 35k and you dare to call it early accumulation? The liquidity is only 69k, haha, how fragile is this?
View OriginalReply0
DeFiVeteran
· 12-04 12:07
I've seen too many stories of people getting repeatedly wrecked by the whole "buying pressure is greater than selling pressure" narrative.
View OriginalReply0
GweiWatcher
· 12-04 12:04
The bid-ask spread is only 35k? That level of liquidity is really a bit risky.
View OriginalReply0
WhaleInTraining
· 12-04 12:03
$PUBBS is at it again, this liquidity really can't hold up...
View OriginalReply0
LiquidationKing
· 12-04 11:58
The buy-sell spread is so small, it looks like a dump might be coming.
View OriginalReply0
BearMarketMonk
· 12-04 11:57
Buying pressure is slightly greater than selling pressure. I've seen this pattern too many times—waiting to see a reversal.
Spotted something interesting on Solana's Meteora - $PUBBS is showing some wild trading action lately.
Here's what the numbers are telling us: 24-hour buy volume hit $281K while sells came in at $246K. That's a pretty tight spread. Liquidity pool sitting at around $69K, and the market cap? Climbing up to $168.6M.
The buy pressure slightly outpacing sells could mean early accumulation phase, or just another meme coin pump waiting to reverse. Either way, worth keeping on the radar if you're tracking Solana DEX movements.
Contract details: Eb11yHWDJgmH1u1KSQDvikG2rgW4X2xYmhaNp171KuyF for those who want to dig deeper into the on-chain data.
Always DYOR before jumping into any token, especially with these liquidity levels.