Today I tracked an interesting token on the Meteora platform on the Solana network. The price is currently around $3.14, which is quite an exciting level.
I also looked at the trading volumes – both buys and sells have been around $1 over the past 24 hours. Liquidity is currently around $6 , and the market cap is approximately $97,635.
The numbers show that this is still a very small project, but sometimes tokens in such an early phase can offer interesting opportunities. Of course, one must always be cautious and do their own research before investing.
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GateUser-4745f9ce
· 12-05 20:06
$3.14 yeah, but liquidity at 6 dollars... that's pretty tight hands
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LiquidatedNotStirred
· 12-05 20:06
$3.14 juice looks spicy, but that volume tho... $1 daily? nah man, liquidity desert vibes
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RamenStacker
· 12-05 20:05
jah jah jah, at $3.14... but isn't the liquidity in the $6 ring quite a distant dream ngl
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DAOdreamer
· 12-05 19:59
liquidity is so low that I was afraid of getting my own money stuck, but yeah, early stage tokens are a gamble
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NftRegretMachine
· 12-05 19:54
yeah, this liquidity at $6 ... I'll be honest, I'm not so attached to this kind of microcap anymore, it's too risky
Today I tracked an interesting token on the Meteora platform on the Solana network. The price is currently around $3.14, which is quite an exciting level.
I also looked at the trading volumes – both buys and sells have been around $1 over the past 24 hours. Liquidity is currently around $6 , and the market cap is approximately $97,635.
The numbers show that this is still a very small project, but sometimes tokens in such an early phase can offer interesting opportunities. Of course, one must always be cautious and do their own research before investing.