Spotted something interesting on the Solana chain today - $LOJAK is showing some active movement worth noting.
The numbers tell a story: 24-hour buy volume hit $164,361 while sells came in at $158,179. Pretty balanced action there. Current liquidity sits at $30,347 with the market cap around $100,572.
What's notable? The buy-sell ratio is nearly 1:1, suggesting neither bulls nor bears have full control yet. Liquidity's decent for this cap range, though not exactly deep.
This token's running on Solana, which means fast transactions and lower fees for anyone jumping in. The relatively tight spread between buying and selling volume could indicate consolidation - or just the calm before volatility kicks in.
Just sharing what the data shows. DYOR as always.
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.
16 Likes
Reward
16
6
Repost
Share
Comment
0/400
HashRateHermit
· 3h ago
Is there another undiscovered in the Sol ecosystem? The trading volume is so balanced, it's interesting... However, the liquidity is only 30,000, so it's okay to play with this scale but don't go all in.
View OriginalReply0
PuzzledScholar
· 3h ago
The trading volume is so balanced, really no one has confidence in it.
View OriginalReply0
MetaverseHomeless
· 3h ago
The SOL chain is quite interesting this time; the buy-sell ratio is surprisingly balanced... Could it be brewing something?
View OriginalReply0
OnchainHolmes
· 3h ago
The buying and selling are almost even, feeling like waiting for a signal to break the deadlock. This stalemate is most likely to suddenly reverse.
View OriginalReply0
DaoDeveloper
· 3h ago
that 1:1 ratio is textbook consolidation pattern tho... reminds me of the governance mechanics we discussed in that merkle tree implementation - equilibrium before state transition. still, liquidity's thin enough that any whale movement could flip the narrative entirely. solana's speed helps but doesn't solve the fundamental composability issue with low-cap tokens ngl
Reply0
IfIWereOnChain
· 3h ago
The trading data is close, this is the silence before the explosion.
Spotted something interesting on the Solana chain today - $LOJAK is showing some active movement worth noting.
The numbers tell a story: 24-hour buy volume hit $164,361 while sells came in at $158,179. Pretty balanced action there. Current liquidity sits at $30,347 with the market cap around $100,572.
What's notable? The buy-sell ratio is nearly 1:1, suggesting neither bulls nor bears have full control yet. Liquidity's decent for this cap range, though not exactly deep.
This token's running on Solana, which means fast transactions and lower fees for anyone jumping in. The relatively tight spread between buying and selling volume could indicate consolidation - or just the calm before volatility kicks in.
Just sharing what the data shows. DYOR as always.