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Saw an interesting move with a Solana memecoin today!
The 24h numbers show a buy volume of about $54k versus a sell volume of around $42k – so there are more buyers than sellers in the market. Market cap is just under $57k, but currently with no significant liquidity.
Typical pumpfun pattern on DEX: quick trades, volatile swings, minimal hedging. Anyone following these plays should know the risks – without liquidity, things can turn quickly.
Are you keeping an eye on similar memecoins on Solana? Share your observations!