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Spotted something interesting on Solana today - $Phoenix-Chan caught my attention while browsing through some DEX data.
Here's what the numbers are showing:
- 24h buy volume sitting at $63.7K
- Sell side pushed $66.4K
- Liquidity pool around $15.3K
- Market cap hovering near $25K
The sell pressure slightly outpacing buys today. Liquidity's pretty thin compared to the trading activity though - something to keep in mind if you're looking at these smaller caps.
Anyone else tracking this one? Always curious what catches people's radar in the Solana meme space when volumes start picking up like this.