Solana chain spotted some interesting activity around FRANKLIN token. Within the past few hours, roughly 5 wallets have accumulated approximately $1.95k worth of tokens. The biggest single purchase came in at $718 from a newly created wallet. Despite this buying pressure, the market cap remains quite lean at around $730k. What's notable is that 2 of these wallets have already locked in gains, with roughly $865 in profits representing about a 30% return.
There's definitely some early momentum building here, but it's worth noting that profit-taking tends to happen fast in these micro-cap scenarios. Before considering any moves, pay close attention to the liquidity depth and trading volume patterns—these are often the deciding factors between a sustainable move and a quick pump that fizzles out.
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ReverseTrendSister
· 13h ago
It's the same micro-trading scheme again, starting to hype with a 730k market cap? Let's wait and see the liquidity depth before making any judgments. Don't be fooled by a single large buy order from a new wallet.
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SudoRm-RfWallet/
· 23h ago
Micro trading is already running away with such low trading volume, let's wait and see the liquidity.
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SerNgmi
· 01-03 16:51
With a market cap of only 730k, early investors have already taken a 30% profit... Is there still a chance for latecomers like us? It's really hard to say.
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GasFeeTherapist
· 01-03 16:47
Once the market cap hits 730k, they start to run away. I won't participate in this wave... If liquidity issues arise, it will explode immediately.
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LightningAllInHero
· 01-03 16:39
730k market cap is still accumulating? The liquidity isn't deep enough; I think it depends on the trading volume.
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ContractTester
· 01-03 16:21
With a market cap of 730k, you dare to lock in profits? I wonder if the liquidity is enough, haha.
Solana chain spotted some interesting activity around FRANKLIN token. Within the past few hours, roughly 5 wallets have accumulated approximately $1.95k worth of tokens. The biggest single purchase came in at $718 from a newly created wallet. Despite this buying pressure, the market cap remains quite lean at around $730k. What's notable is that 2 of these wallets have already locked in gains, with roughly $865 in profits representing about a 30% return.
There's definitely some early momentum building here, but it's worth noting that profit-taking tends to happen fast in these micro-cap scenarios. Before considering any moves, pay close attention to the liquidity depth and trading volume patterns—these are often the deciding factors between a sustainable move and a quick pump that fizzles out.