I saw something interesting on Solana today - there is a token called $burncoin2 making moves on PumpFun that caught my attention.
Here is what the numbers show: The purchase volume over 24 hours was $21,007 while the selling volume was $16,041. This is a positive flow, but here is the surprise – the liquidity is stable at $0 with a market value of approximately $18,537. Zero liquidity with active trading? This is either a massive red flag or some crazy market mechanisms at play. Buying pressure exceeds sales, but without adequate liquidity support, these setups scream volatility. Is there anyone else tracking this? I'm curious if this is another PumpFun experiment that got out of control or if there's actually a utility being built. Volume spread tells one story, but liquidity position tells a completely different one.$SOL
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I saw something interesting on Solana today - there is a token called $burncoin2 making moves on PumpFun that caught my attention.
Here is what the numbers show: The purchase volume over 24 hours was $21,007 while the selling volume was $16,041. This is a positive flow, but here is the surprise – the liquidity is stable at $0 with a market value of approximately $18,537.
Zero liquidity with active trading? This is either a massive red flag or some crazy market mechanisms at play. Buying pressure exceeds sales, but without adequate liquidity support, these setups scream volatility.
Is there anyone else tracking this? I'm curious if this is another PumpFun experiment that got out of control or if there's actually a utility being built. Volume spread tells one story, but liquidity position tells a completely different one.$SOL