An interesting movement has been observed in DEX data: $SP1X token on the Solana network is showing activity.
Here is what you see: The 24-hour trading volume hovers around 30 thousand dollars, while the selling volume remains just over 20 thousand. The market cap fluctuates around 41 thousand dollars.
Liquidity is indeed quite thin at the moment. It's worth remembering that such small tokens can be unpredictable - volatility is often high and the risks significant.
Does anyone follow these smaller projects? What is your strategy when evaluating such early-stage tokens?
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LeekCutter
· 22h ago
When will sp1x break new highs, or will it continue to lie flat... With such thin liquidity, how can I dare to enter? If I ape in, just wait to be play people for suckers.
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GateUser-a606bf0c
· 22h ago
ohh sp1x moving some volume... but 41k mcap with thin liquidity? that's literally asking to get rugged lmao
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GateUser-e51e87c7
· 22h ago
Another micro-cap trap, the liquidity is so thin it could be dumped at any time.
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TokenomicsTherapist
· 22h ago
This liquidity is too thin, just a little buying and selling can lead to dumping, be careful everyone.
An interesting movement has been observed in DEX data: $SP1X token on the Solana network is showing activity.
Here is what you see:
The 24-hour trading volume hovers around 30 thousand dollars, while the selling volume remains just over 20 thousand. The market cap fluctuates around 41 thousand dollars.
Liquidity is indeed quite thin at the moment. It's worth remembering that such small tokens can be unpredictable - volatility is often high and the risks significant.
Does anyone follow these smaller projects? What is your strategy when evaluating such early-stage tokens?