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Red flag alert on Solana: spotted a token ($EXO) trading on Raydium that's screaming scam energy.
Here's why—the numbers are wildly imbalanced. In the last 24 hours, buy volume hit $1,111 while sell volume barely crept to $46. That's a 24x difference. On the surface, looks bullish, right? Wrong. This massive buy-to-sell ratio with razor-thin liquidity ($22k) and a market cap under $220k is textbook pump-and-dump setup.
Contract: EXoMAHnw2Gw5fXJTektedLJDVn9vn8tLTEQX7gHccQKR
The mechanics are simple: coordinates buy pressure to inflate price, retail FOMO follows, then coordinated exits tank it. Caught between those two phases? You're holding a worthless token.
Pro tip: whenever you see buy volume drastically outpacing sells on low-liquidity tokens, check the holder distribution. If it's concentrated or contract ownership is high, stay away. Not every gem hunt ends well—sometimes the treasure chest is empty.