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Spotted an interesting token on DEX screeners - $Shoggoth is showing some unusual patterns.
Running on Solana's Meteora protocol. Here's what the numbers look like right now:
24H buy volume sits at zero. Meanwhile sell side hit $1.1K.
Liquidity pool holds roughly $30K. Market cap? Sitting around $6.5M.
The buy-sell imbalance is pretty stark. Could be early holders taking profits, or maybe just low interest at this price level. Either way, worth keeping an eye on how this develops over the next few days.
Anyone else tracking this one?