Today I monitored an interesting token on the Solana network – $PIM, which operates on the Meteora platform.
Speaking in numbers: over the past 24 hours, the buy-side volume has reached $21,817, while the sell-side volume is $17,614. Liquidity is currently around $25,890, and the market capitalization is $95,875.
The buying pressure is slightly stronger than the selling, which could indicate growing interest. Although the market cap isn't large yet, this can mean quicker price fluctuations in both directions for projects with low liquidity.
The Solana ecosystem continues to offer quite a few opportunities for tracking early-stage tokens. Those who monitor moves on DEXs know this well.
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SelfMadeRuggee
· 12-10 11:55
This kind of micro cap on Solana really tests your mental resilience. With such shallow liquidity, even a few thousand dollars can pump the price, but it also makes it easy for a rug pull to happen.
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BlockchainArchaeologist
· 12-10 04:47
Treasure found on Solana? Low liquidity + strong buying pressure, these two combinations are indeed prone to riots, and they are fierce in both directions
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0xSunnyDay
· 12-07 12:21
A new token has popped up on Meteora, the on-chain volume looks pretty decent... But to be honest, these small-cap projects are very prone to rug pulls, so you have to be careful with such low liquidity.
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AirdropHunter007
· 12-07 12:17
There’s so little liquidity in these small-cap coins, the volatility is intense... The buying and selling forces are about equal, but the buyers are slightly stronger—this is exactly the early stage shitcoin vibe, haha.
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OnchainDetective
· 12-07 12:08
According to on-chain data, this buy-sell volume difference is quite interesting... 21817 vs 17614. Looks like they're testing the market's reaction? I've said it before, with these ultra-low market cap projects, you have to be careful once liquidity gets manipulated.
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SnapshotLaborer
· 12-07 12:05
Bro, the $PIM market cap is way too small, only 25k liquidity... a single big red candle could scare everyone off.
Today I monitored an interesting token on the Solana network – $PIM, which operates on the Meteora platform.
Speaking in numbers: over the past 24 hours, the buy-side volume has reached $21,817, while the sell-side volume is $17,614. Liquidity is currently around $25,890, and the market capitalization is $95,875.
The buying pressure is slightly stronger than the selling, which could indicate growing interest. Although the market cap isn't large yet, this can mean quicker price fluctuations in both directions for projects with low liquidity.
The Solana ecosystem continues to offer quite a few opportunities for tracking early-stage tokens. Those who monitor moves on DEXs know this well.