I just noticed some movement of the Genesis Token on the Solana on-chain on DEXScreener.
Raydium platform data shows: In the past 24 hours, the buying volume was $72,000, the selling volume was $74,000, with buying and selling roughly balanced. The current liquidity pool is $18,000, and the market capitalization is around $31,000.
From the data, it belongs to the micro-cap coin category, and liquidity is relatively weak. Projects of this scale tend to have larger fluctuations, so if you are interested, be sure to conduct a risk assessment.
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ImpermanentTherapist
· 11-27 23:14
The liquidity of the micro disk coin is so thin that when a whale comes in, it will lose a layer of skin.
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WenMoon42
· 11-27 11:48
The micro market liquidity is only 18,000, and you dare to touch it? I'm quite hesitant...
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Another little coin that nobody cares about, feels like it could rug at any moment.
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What's so interesting about a flat 24-hour trading volume? This is a dead coin signal, right?
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30,000 market capitalization haha, how many times does it need to multiply to recoup investment?
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With such poor liquidity, the slippage must be terrifying, easy to get in but hard to get out.
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Genesis? Never heard of it, whose project is this?
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Micro markets are all casinos, I advise everyone to be cautious.
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WalletDoomsDay
· 11-27 05:36
With this level of liquidity for micro trading coins, the slippage must be significant... better not.
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NFTFreezer
· 11-25 08:25
Micro coin, with such thin liquidity, you really have to be careful; a large order can create a pit.
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TopBuyerBottomSeller
· 11-25 00:51
The liquidity in the micro market is so poor that a large order can cause dumping, so don't get involved.
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ImpermanentLossFan
· 11-25 00:49
Micro disk coin, liquidity only 18,000? How severe must this slippage be...
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genesis sounds like a play people for suckers project
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What’s the point of trading a coin that maintains balance? Is it about quietly making a fortune or what?
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With a market capitalization of 30,000, why assess the risk? Just go all in, right? Haha
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I just want to know who can still successfully dump in this 18,000 pool
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I really don’t understand these micro disks on the Solana chain, they feel like gambling
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I don’t care about the fluctuations, I just want to know who the market maker is behind it
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Weak liquidity = Tied Up risk full throttle, go on
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DaoTherapy
· 11-25 00:49
Micro coin, with such thin liquidity, a touch and it will be a Rug Pull, let's forget it.
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CounterIndicator
· 11-25 00:47
The liquidity of the micro disk coin is so thin that a little bit of money can pump it to the涨停; I generally avoid this kind of situation.
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UnluckyValidator
· 11-25 00:37
Micro trading is micro trading; I dare not touch it with such thin liquidity.
I just noticed some movement of the Genesis Token on the Solana on-chain on DEXScreener.
Raydium platform data shows:
In the past 24 hours, the buying volume was $72,000, the selling volume was $74,000, with buying and selling roughly balanced. The current liquidity pool is $18,000, and the market capitalization is around $31,000.
From the data, it belongs to the micro-cap coin category, and liquidity is relatively weak. Projects of this scale tend to have larger fluctuations, so if you are interested, be sure to conduct a risk assessment.