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An interesting token was discovered on the Pumpfun platform on Solana—$ASH is showing some unusual activity.
Data from the past 24 hours? Buy volume reached $4,607, while sell volume was only $2,243. The buy/sell ratio is about 2:1, which is not common for microcap tokens.
The current market cap is $9,652, and the liquidity report is zero (—that’s right, a notable red flag ). The contract address starts with 87i8gyy, for those interested in tracking on-chain data.
It's unclear whether this project can last, or if it’s just another flash in the pan. The liquidity situation definitely makes it a high-risk play. Just sharing data—definitely not investment advice.
Has anyone else been watching the new token launches on Pumpfun lately? The trading volume trends for these microcap coins are pretty wild.