There’s a new development in the Solana ecosystem: the token $BOOB on Meteora has shown some interesting data recently.
In the past 24 hours, buy volume reached over $50,000, with sell pressure around $37,000. The buy/sell ratio is still relatively healthy. The liquidity pool has about $45,000, though market cap data isn’t available yet.
For a pool at such an early stage, being able to maintain this trading volume means there’s at least some capital paying attention. However, liquidity depth isn’t very strong, so everyone should weigh the risks themselves.
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LiquidationAlert
· 3h ago
Buy/sell ratio is useless; with liquidity at 45,000, there's no way to get out.
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CommunitySlacker
· 3h ago
Damn, this coin's name—they're really bold.
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GateUser-40edb63b
· 3h ago
Ha, that's a really bold name. The buy/sell ratio is okay, but the liquidity is so shallow that if you dump even a small amount, you'll probably hit the market hard.
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LiquidationWatcher
· 3h ago
The liquidity is only 45,000, so the depth is really thin. A single large order could cause the price to slip drastically.
There’s a new development in the Solana ecosystem: the token $BOOB on Meteora has shown some interesting data recently.
In the past 24 hours, buy volume reached over $50,000, with sell pressure around $37,000. The buy/sell ratio is still relatively healthy. The liquidity pool has about $45,000, though market cap data isn’t available yet.
For a pool at such an early stage, being able to maintain this trading volume means there’s at least some capital paying attention. However, liquidity depth isn’t very strong, so everyone should weigh the risks themselves.