Spotted some interesting movement on $TELLER today. This token's been running on Uniswap's Base network, and the numbers tell a story worth unpacking.
The 24-hour buy volume hit $343,737 while sell pressure came in at $275,061. That's a pretty healthy buy-to-sell ratio—roughly 1.25:1—suggesting decent accumulation momentum. Not screaming bullish, but definitely not bleeding out either.
What caught my attention? The liquidity pool sits at $181,697 against a market cap of $275,744. That's a liquidity-to-MC ratio hovering around 66%, which is actually solid for a smaller cap token. Means you're not gonna get completely wrecked on slippage if you're moving in or out.
Base has been seeing more experimental plays lately, and $TELLER seems to be one of those under-the-radar names quietly building volume. Whether this holds or dumps depends on if that buy pressure sustains, but for now, the data's painting a moderately bullish picture.
Anyone else tracking Base plays right now? This one's worth keeping on the radar.
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.
11 Likes
Reward
11
7
Repost
Share
Comment
0/400
PhantomMiner
· 12-05 19:19
There have indeed been quite a few small tokens appearing on Base these days. The liquidity ratio for Teller is decent, but it still depends on whether subsequent buying pressure can hold up.
View OriginalReply0
MetaMaskVictim
· 12-05 17:00
66% liquidity ratio is okay, just worried that if the buy orders are withdrawn later, we'll have to take a loss.
View OriginalReply0
GateUser-2fce706c
· 12-03 07:07
This round of opportunities on Base is just like this. I've said before that small networks are the real wealth codes. Those who are still hesitating now will regret it in three years.
View OriginalReply0
GoldDiggerDuck
· 12-03 07:07
66% liquidity is pretty good; at least the slippage won't get wrecked. These small tokens on Base do have potential.
View OriginalReply0
blockBoy
· 12-03 07:03
Little goblins have appeared on Base again. The liquidity ratio is pretty good, but we still need to see if the subsequent buying can hold up.
View OriginalReply0
HodlOrRegret
· 12-03 07:01
They're mining potential tokens on Base again. This trade looks pretty good, but as for liquidity, with 66%, we’ll have to see if they can hold it in the long run.
View OriginalReply0
IntrovertMetaverse
· 12-03 06:54
The fundamentals are pretty good, but I'm a bit scared of the frequent appearances of small tokens on Base these past couple of days...
Spotted some interesting movement on $TELLER today. This token's been running on Uniswap's Base network, and the numbers tell a story worth unpacking.
The 24-hour buy volume hit $343,737 while sell pressure came in at $275,061. That's a pretty healthy buy-to-sell ratio—roughly 1.25:1—suggesting decent accumulation momentum. Not screaming bullish, but definitely not bleeding out either.
What caught my attention? The liquidity pool sits at $181,697 against a market cap of $275,744. That's a liquidity-to-MC ratio hovering around 66%, which is actually solid for a smaller cap token. Means you're not gonna get completely wrecked on slippage if you're moving in or out.
Base has been seeing more experimental plays lately, and $TELLER seems to be one of those under-the-radar names quietly building volume. Whether this holds or dumps depends on if that buy pressure sustains, but for now, the data's painting a moderately bullish picture.
Anyone else tracking Base plays right now? This one's worth keeping on the radar.