A new interesting meme coin project, Santa Hat Cult, has emerged in the Solana ecosystem. This coin has just set a new historical high, with a market capitalization of $128,000. The liquidity pool has $32,000, accounting for 30%, which seems to indicate a relatively concentrated distribution of tokens.

The price has more than doubled and is now $0.000109. The 24-hour trading volume reached $447,000, with a buy-sell ratio of 4000 to 3200, slightly favoring buyers. The data shows good short-term hype, but the volatility of this small market capitalization Meme coin can be significant, so caution is advised when entering.

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NFTDreamer

· 14h ago

It's another Solana Meme coin, this time called Santa Hat Cult? The name sounds very magical, haha. The liquidity is only 30%, and the chips are so concentrated... I think I'll just wait and see, afraid of getting played for suckers. Even if the rise doubles, I don't dare to rush in. These micro-cap coins can dump in the blink of an eye; it's too thrilling and not suitable for me.

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FUD_Vaccinated