Just discovered Sheepcoin on DEXScreener – it runs on Solana.
The numbers from the last 24 hours look like this: buy volume is around $35,000, sell side about $33,300. Interestingly, liquidity is currently at zero, while the market cap is approximately $7,500.
A typical picture for fresh tokens on this chain – high trading volume despite minimal liquidity. Anyone trading these should be aware of the risks.
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StablecoinArbitrageur
· 12-06 17:02
zero liquidity but $35k daily volume? lol that's literally asking to get rugged. the bid-ask spread on this thing must be absolutely criminal
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CounterIndicator
· 12-05 23:30
liquidity at zero? that's definitely a red flag right away... but sure, all yolo then
Just discovered Sheepcoin on DEXScreener – it runs on Solana.
The numbers from the last 24 hours look like this: buy volume is around $35,000, sell side about $33,300. Interestingly, liquidity is currently at zero, while the market cap is approximately $7,500.
A typical picture for fresh tokens on this chain – high trading volume despite minimal liquidity. Anyone trading these should be aware of the risks.