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Spotted a fresh memecoin making waves on Solana's Pumpfun platform—ticker $MS70 just caught the radar.
The 24-hour numbers tell an interesting story: buy-side volume hit $29.5K while sellers pushed through $26.3K. Market cap sits at roughly $12K, though liquidity shows zero—a classic red flag for anyone tracking these launches.
Typical Pumpfun mechanics at play here. High volatility, thin liquidity, and that familiar memecoin casino vibe. The buy/sell ratio suggests some early accumulation, but without proper liquidity backing, this could evaporate faster than morning dew.
For those tracking Solana's memecoin scene: always verify liquidity depth before jumping in. These Pumpfun tokens can pump hard, but the exit doors are often narrower than they appear.