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Spotted something wild on Solana's PUMPFUN launchpad - $BAGEL just caught my radar with some sketchy numbers.
Here's what the 24-hour data shows:
• Buy-side volume hit $15,129
• Sell pressure at $11,343
• Market cap sitting at $14,123
• Liquidity? Absolutely zero. Yes, you read that right.
That liquidity situation is a massive red flag. When there's no liquidity backing a token, you're basically playing hot potato with your funds. The buy volume slightly outpacing sells might look tempting, but without liquidity depth, this could rug faster than you can blink.
PUMPFUN tokens are already high-risk territory - combine that with zero liquidity and you've got a recipe for getting wrecked. If you're eyeing this, size accordingly (or better yet, just observe from the sidelines).
Stay cautious out there.