Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

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.
View Original
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.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
LiquidationAlertvip
· 3h ago
Buy/sell ratio is useless; with liquidity at 45,000, there's no way to get out.
View OriginalReply0
CommunitySlackervip
· 3h ago
Damn, this coin's name—they're really bold.
View OriginalReply0
GateUser-40edb63bvip
· 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.
View OriginalReply0
LiquidationWatchervip
· 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.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)