Spotted some interesting activity on a Solana meme token today – $CC has been making waves on certain DEX platforms.
The 24-hour trading data caught my attention: buy-side volume hit roughly $1.46M while sell pressure came in around $1.41M. That's a relatively balanced flow, though slightly buy-heavy. Current liquidity pool sits at about $99K with market cap hovering near $850K.
The buy-to-sell ratio shows modest bullish sentiment, but that liquidity depth is worth noting – could mean higher slippage on larger trades. For those tracking emerging Solana tokens, this one's showing decent volume relative to its cap.
Anyone else watching this move? The volume-to-liquidity ratio is pretty aggressive here.
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GasWastingMaximalist
· 12-05 09:05
Playing with 99k liquidity at such high volume? That's a slippage nightmare, man.
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ValidatorVibes
· 12-05 09:04
ngl that $99k liquidity pool is screaming red flags... why are people even touching this when slippage's gonna wreck any real position? the vol-to-liq ratio doesn't mean bullish sentiment, it means volatility waiting to happen. seen this play before during the governance voting cycles when retail pours in without understanding protocol mechanics. solana needs better validator education imo
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DegenTherapist
· 12-05 08:46
99k liquidity at such a large scale, the slippage is terrifying. Not touching it.
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BitcoinDaddy
· 12-05 08:43
The liquidity is so shallow; be careful of slippage when entering with large amounts.
Spotted some interesting activity on a Solana meme token today – $CC has been making waves on certain DEX platforms.
The 24-hour trading data caught my attention: buy-side volume hit roughly $1.46M while sell pressure came in around $1.41M. That's a relatively balanced flow, though slightly buy-heavy. Current liquidity pool sits at about $99K with market cap hovering near $850K.
The buy-to-sell ratio shows modest bullish sentiment, but that liquidity depth is worth noting – could mean higher slippage on larger trades. For those tracking emerging Solana tokens, this one's showing decent volume relative to its cap.
Anyone else watching this move? The volume-to-liquidity ratio is pretty aggressive here.