Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

The recent 24-hour data of $BabyBonk on Solana is quite interesting:



The buy order transaction volume reached $33,078, while the sell order was $25,375, indicating a slight buying pressure over selling pressure. The current liquidity pool is $34,116, with a market capitalization sitting at $155,557.

The small cryptocurrency traded on Meteora has a fairly active capital inflow and outflow frequency. The liquidity and market capitalization ratio is close to 1:4.5, which is acceptable in terms of depth for a meme coin of this size.

However, it is important to note that these early projects are highly volatile, and the data is for reference only; do not blindly follow the trend.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
rekt_but_vibingvip
· 12-01 05:25
Buy pressure? Oh my, it's another coin where buyers outnumber sellers. Be careful not to catch a falling knife, bro.
View OriginalReply0
potentially_notablevip
· 11-30 22:46
Is buying pressure a bit strong? Then just wait for the dumping, I'm tired of the memes trap.
View OriginalReply0
PriceOracleFairyvip
· 11-28 10:22
lol that buy/sell ratio screaming inefficiency... 1:4.5 liquidity-to-mcap is literally begging for a flash loan moment. watched this exact pattern tank three other sol memes in 72hrs ngl
Reply0
AirdropSkepticvip
· 11-28 10:16
Buying pressure is quite interesting, but with such shallow liquidity, one still needs to be cautious.
View OriginalReply0
OldLeekNewSicklevip
· 11-28 10:15
The buy-sell difference is over 7000, this is the rhythm of retail investors playing people for suckers... The liquidity of Meteora is so low that one order can pump it to a conclusion.
View OriginalReply0
BugBountyHuntervip
· 11-28 10:13
The buying pressure is slightly strong, and you dare to bring it up? This liquidity depth is simply not enough for me to dump in all at once.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)