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Spotted something interesting on Solana's pump.fun platform - a token called $honk catching some movement.
Contract address: 39TuZxoSfbKxLpP9exzNYs8vVRDeDpJ6cYpW1EaMpump
Last 24h numbers tell a story:
- Buy volume hit $6,841
- Sell pressure only $2,452
- Current market cap sitting at $16,455
- Liquidity shows $0
That buy-to-sell ratio is interesting - roughly 2.8:1. But zero liquidity? That's the red flag here. Worth tracking how this develops, though proceed with extreme caution on anything with no LP backing.