Spotted some interesting movement on a Solana token today.
$SAPO is showing decent activity on Meteora over the past 24 hours. Buy-side volume hit around $59.5K while sells came in at $51.8K—slightly bullish flow there. Current liquidity sits at roughly $37.8K, and the market cap is hovering near $158K.
Not financial advice, but these numbers suggest there's some real trading happening, not just bots shuffling tokens around. The buy/sell ratio looks healthier than most microcaps I've tracked this week.
Liquidity could be deeper for comfort, but for a token at this valuation, it's not terrible. Worth keeping on the radar if you're into early-stage Solana plays.
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.
7 Likes
Reward
7
4
Repost
Share
Comment
0/400
TokenomicsDetective
· 20h ago
The buy-sell ratio is indeed good, but the liquidity is a bit thin.
View OriginalReply0
SatoshiNotNakamoto
· 20h ago
The liquidity at this price for sapo is indeed average, but the buy-sell ratio looks pretty good.
View OriginalReply0
SnapshotLaborer
· 20h ago
The buy-sell ratio looks good, but I'm still a bit wary of this kind of micro-exchange...
View OriginalReply0
LonelyAnchorman
· 20h ago
The buy-sell ratio is okay, but the liquidity is indeed a bit shallow. How do you hold in this situation?
Spotted some interesting movement on a Solana token today.
$SAPO is showing decent activity on Meteora over the past 24 hours. Buy-side volume hit around $59.5K while sells came in at $51.8K—slightly bullish flow there. Current liquidity sits at roughly $37.8K, and the market cap is hovering near $158K.
Not financial advice, but these numbers suggest there's some real trading happening, not just bots shuffling tokens around. The buy/sell ratio looks healthier than most microcaps I've tracked this week.
Liquidity could be deeper for comfort, but for a token at this valuation, it's not terrible. Worth keeping on the radar if you're into early-stage Solana plays.