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Gate ELSA Futures Trading Challenge is Now Live!
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Someone has discovered a new token on the Solana chain. According to the paid promotion tag on DEXScreener, this project has likely been promoted.
Looking at the basic data, the buy volume within 24 hours is $552, and the sell volume is $248. The buy-sell ratio is still reasonable. However, the liquidity is currently 0, which is something to watch out for—no liquidity means there could be slippage risks during trading. The market cap is also small, only $4,230, making it a very early-stage project.
These small-cap tokens are usually highly volatile. Those interested in early-stage mining can check out the chart data, but they should also be aware of the risks.