Spotted something interesting on Solana's Meteora DEX - $NINJA token showing some unusual activity.
Here's what the numbers look like right now: • Buy volume in the last 24 hours: basically zero • Sell volume over the same period: around $2 • Current liquidity sitting at roughly $3 • Market cap hovering near $2,104
The volume pattern is pretty telling - all sells, no buys. Combined with that tiny liquidity pool, this looks like one of those micro-cap situations where you'd want to be extremely careful.
These metrics usually signal either a completely dead project or something that never really took off. Either way, probably not the kind of risk most traders are looking for.
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DAOdreamer
· 12-06 20:36
Buy volume is 0 and sell volume is $2? That’s a dead coin, so why bother analyzing it again?
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FancyResearchLab
· 12-06 20:28
Ah, it's this kind of death spiral where there's only outflow and no inflow again... With just three bucks of liquidity, I feel embarrassed for it.
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ImpermanentPhilosopher
· 12-06 20:19
Buy volume is 0, sell volume is $2. This is a sign of an impending rug...
Spotted something interesting on Solana's Meteora DEX - $NINJA token showing some unusual activity.
Here's what the numbers look like right now:
• Buy volume in the last 24 hours: basically zero
• Sell volume over the same period: around $2
• Current liquidity sitting at roughly $3
• Market cap hovering near $2,104
The volume pattern is pretty telling - all sells, no buys. Combined with that tiny liquidity pool, this looks like one of those micro-cap situations where you'd want to be extremely careful.
These metrics usually signal either a completely dead project or something that never really took off. Either way, probably not the kind of risk most traders are looking for.