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Spotted an interesting token on Solana's Pumpfun platform - $Balloon is getting some attention lately.
Contract Address: EZrq9XK1fSzP88J9CkTnzNERAQQGcAe8iSd91MyBpump
The 24-hour numbers are pretty wild. Buy volume hit $30,749 while sell pressure came in at $25,160, so there's definitely more buyers than sellers right now. Market cap sits at $21,667.
Here's the kicker though - liquidity shows $0. Yeah, you read that right. Zero liquidity but people are still trading it. That's either extremely risky or someone knows something. Either way, this memecoin is showing activity despite the liquidity situation.
Anyone else tracking this one? The buy-sell ratio looks decent but that liquidity concern is hard to ignore.