Spotted something interesting on Solana today – $OMANYTE's numbers are worth a look.

Past 24 hours showed buy volume hitting $25,072 against sell pressure of $22,833. Liquidity's sitting at $25,457 with the market cap around $72,522.

The buy-sell ratio looks relatively balanced, though liquidity seems a bit thin for the current cap. Always DYOR before jumping in, but these metrics might catch some traders' attention in the memecoin space.

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.

9 Likes

Reward
9
6
Repost
Share

Comment

0/400

ChainPoet

· 2h ago

The buying and selling volumes are close, and the liquidity is a bit hollow. A large investor can move this kind of market, so be careful.

View OriginalReply0

ChainMelonWatcher

· 2h ago

With such thin liquidity and such a small market, how can one dare to enter?

View OriginalReply0

potentially_notable

· 2h ago

With such thin liquidity, even a balanced buy-sell ratio is meaningless.

View OriginalReply0

DaoGovernanceOfficer

· 2h ago

nah hold up... liquidity to market cap ratio here is actually concerning tbh. empirically speaking, those numbers suggest potential slippage issues. where's the protocol health assessment? 🤔

Reply0

TokenUnlocker