Spotted an interesting token move on Solana today - $RICK has been showing some activity worth noting.
Here's what the numbers are saying: Buyers pushed through roughly $37.5k in volume over the last 24 hours, while sellers moved about $32k during the same window. That's a slight buy-side edge if you're keeping score.
The market cap sits around $21k right now. Liquidity situation? Pretty much non-existent at the moment, which obviously cranks up the volatility factor significantly.
This one's trading on the PumpFun platform for anyone doing their own research. As always, those liquidity numbers should make you think twice before jumping in.
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.
13 Likes
Reward
13
7
Repost
Share
Comment
0/400
GateUser-c799715c
· 10h ago
Liquidity is zero, directly pass. This kind of scheme is a setup to trap and profit from retail investors.
View OriginalReply0
DAOplomacy
· 12-12 02:57
ngl, the liquidity vacuum here is arguably the real story—$21k mcap with basically no slippage protection? that's not a feature, that's a governance failure waiting to happen. path dependency suggests these pumpfun plays end one way... 🍿
Reply0
Whale_Whisperer
· 12-12 02:51
No liquidity? Isn't this just a casino? The buy-sell difference is only 5,500 yuan, and you're still daring to say it's tilted toward the buyers...
View OriginalReply0
BlockchainWorker
· 12-12 02:50
Wow, $21k market cap and still dare to boast about activity? I really don't dare to touch things with almost no liquidity.
View OriginalReply0
PumpBeforeRug
· 12-12 02:49
You want to pump the market without any liquidity? That's pure gambling.
View OriginalReply0
MoonWaterDroplets
· 12-12 02:45
There's no liquidity, and you're still talking about activity. Isn't this just a bunch of naive investors waiting to be exploited?
View OriginalReply0
NewDAOdreamer
· 12-12 02:32
Liquidity is almost zero and you still dare to play, isn't this gambling... The buy-sell difference of 5.5k makes it seem like the buyers have the upper hand, but a single large holder can easily crash this 21k market cap. I really don't understand tokens like PumpFun.
Spotted an interesting token move on Solana today - $RICK has been showing some activity worth noting.
Here's what the numbers are saying:
Buyers pushed through roughly $37.5k in volume over the last 24 hours, while sellers moved about $32k during the same window. That's a slight buy-side edge if you're keeping score.
The market cap sits around $21k right now. Liquidity situation? Pretty much non-existent at the moment, which obviously cranks up the volatility factor significantly.
This one's trading on the PumpFun platform for anyone doing their own research. As always, those liquidity numbers should make you think twice before jumping in.