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Spotted an interesting movement on Meteora's Solana DEX today. Token $BONKU is showing some noteworthy activity worth breaking down.
The contract sits at: pJGXZtJn5d5RNWdgqs3NvqGNjFFPwKMHZd5F3qVdaos
Here's what the 24-hour window looks like:
- Buy volume hit $22.6K while sell pressure came in at $19.3K
- That's a roughly 17% buy-side advantage, which isn't nothing
- Liquidity pool sitting at about $24.9K
- Market cap currently floating around $85K
The buy/sell ratio suggests accumulation phase behavior, though the relatively thin liquidity means volatility could spike either direction fast. Small cap territory always carries that double-edged sword - potential for quick moves but also whipsaw risk.
Anyone else tracking this one? Curious what drew initial attention to this particular Meteora pair.