Spotted an interesting move on Solana's PumpFun today – $JOKECOIN showing some action worth noting.
Past 24 hours paint a picture: buy-side volume hit $51.4K while sells clocked in at $45.3K. That's a slight buy pressure edge, though nothing crazy. Market cap sitting at $23.5K currently.
Here's the kicker – liquidity shows zero. That's either a fresh launch scenario or something to keep your radar on. With that buy-sell ratio and the MC where it is, could be early-stage volatility at play.
Anyone else tracking this one? The numbers suggest movement, but that liquidity situation definitely adds a layer of risk to consider.
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.
8 Likes
Reward
8
8
Repost
Share
Comment
0/400
SatoshiHeir
· 1h ago
It should be pointed out that zero liquidity essentially violates the fundamental axioms of market microstructure. This is by no means some "early project" romantic fantasy, but rather a clear risk signal—let's use mathematics to prove why this thing is a guillotine...
View OriginalReply0
DEXRobinHood
· 15h ago
Zero liquidity? Dude, this is just a honeypot waiting for you to jump in...
View OriginalReply0
MEVictim
· 12-06 06:51
I've seen zero liquidity too many times, and every time it's a painful lesson...
View OriginalReply0
AirdropHunter007
· 12-06 06:49
Zero liquidity? Isn't that just the prelude to a rug? Let me take another look.
View OriginalReply0
UnluckyMiner
· 12-06 06:47
Zero liquidity? How are we supposed to play this? Feels like a trap.
View OriginalReply0
MetaMisfit
· 12-06 06:43
Zero liquidity? That’s a landmine—I won’t touch it no matter how cheap it is.
View OriginalReply0
ConsensusBot
· 12-06 06:40
This zero liquidity wave really requires caution—not every pump is worth jumping into.
View OriginalReply0
LightningSentry
· 12-06 06:37
Zero liquidity? Bro, this is just a rug risk. I wouldn't touch it no matter how cheap it is.
Spotted an interesting move on Solana's PumpFun today – $JOKECOIN showing some action worth noting.
Past 24 hours paint a picture: buy-side volume hit $51.4K while sells clocked in at $45.3K. That's a slight buy pressure edge, though nothing crazy. Market cap sitting at $23.5K currently.
Here's the kicker – liquidity shows zero. That's either a fresh launch scenario or something to keep your radar on. With that buy-sell ratio and the MC where it is, could be early-stage volatility at play.
Anyone else tracking this one? The numbers suggest movement, but that liquidity situation definitely adds a layer of risk to consider.