The $BUTT Token on the Solana on-chain Meteora platform has abnormal data: the 24-hour buying volume is only $2, and the selling volume is zero. The current liquidity is $8, while the market capitalization has reached $255,400. This combination of extremely low trading volume and inflated market capitalization usually indicates the risk of a Liquidity Trap.
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LayerHopper
· 6h ago
Another crap coin like this again... The liquidity trap is obvious at a glance. Buy for $2, sell for $0? Who would dare touch this?
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$250,000 market cap but only $8 liquidity, what a joke, it's just a vampire coin.
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Meteora has another incident? Why does this platform always have this kind of garbage?
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This inflated market cap trick is so old, does anyone still fall for it?
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The liquidity trap is exposed, this coin is destined to fleece retail investors.
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Sell is zero... means everyone already left, serves them right.
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$BUTT, the name says it all, it's just an ass coin, haha.
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I just want to know who the hell would put money into a coin like this.
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The quality of coins on Solana has really gone downhill these past two years.
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As soon as I see this kind of data, it's on the blacklist immediately, no exceptions.
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BTCBeliefStation
· 12-03 07:59
Damn, another one? Liquidity is $8, market cap is $250,000. Isn't this just a blatant honeypot?
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GasFeeCrier
· 12-01 21:00
Wow, buying in at 2 yuan but the market capitalization blows up to 250,000? Isn't this a textbook-level Liquidity Trap?
How hasn't this thing collapsed yet? Truly ridiculous.
The token name is even called BUTT, it clearly doesn't look like a serious project.
With 8 yuan liquidity supporting such a large cap, is it just a giveaway to get in?
The Solana ecosystem now dares to list any project, it's hilarious.
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LiquiditySurfer
· 12-01 20:59
Oh my, this liquidity depth is almost like the ice cubes in my Martini glass, gone in one sip.
With such a thin order book, daring to boast about market capitalization, a typical paper millionaire, brother.
Jumping in without being able to clearly see the surfing point, this rhythm is going to get smashed against the rocks.
250,000 market capitalization and 8 dollars liquidity, this ratio is so ridiculous that I don't even want to comment on it.
It's really just a market capitalization propped up by on-chain illusions, one touch and it disperses.
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GasFeePhobia
· 12-01 20:59
Wow, a market cap of 250,000 with a buying volume of 2 dollars? Is this a numbers game or what?
With a liquidity of 8 dollars, they dare to pump to a market cap of 250,000, a typical play people for suckers tactic.
Another scamcoin on Solana, wake up everyone.
The token name $BUTT just makes me laugh, it says it all.
Oh my god, is there really anyone catching a falling knife for this?
How can a buying volume of 2 dollars support such a large market cap... where's the logic?
Another liquidity honey trap, I've seen plenty of these projects.
Not trading is probably the smartest choice.
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DefiPlaybook
· 12-01 20:58
According to the data, the data structure of $BUTT is essentially a textbook case of a Liquidity Trap, with a buy-sell ratio of 2:0, which says it all.
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It is worth noting that $8 in liquidity supports a market capitalization of $250,000... the ratio of this market capitalization to TVL is absurd to the point that I don’t even know how to critique it.
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From an on-chain data perspective, buying in at just $2 and selling out with this data set, it can basically be determined that this is purely a prelude to a rug pull.
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Specific analysis is as follows: inflated market capitalization + exhausted liquidity = funds simply cannot escape, a typical honeypot characteristic.
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Based on historical experience, the characteristics of such projects are—retail investors are slaughtered when they enter, and risk warnings are maximized.
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Selling out for zero? Uh... this doesn’t seem right at all.
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$8 in liquidity supporting $250,000 in market capitalization, I wonder how much "faith" it takes to maintain this.
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TokenVelocity
· 12-01 20:54
Wow, how big of a pump is this? Buying in at 2 dollars and selling for zero? This is just pure prelude to a rug pull.
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ChainPoet
· 12-01 20:51
Wow, this is the legendary "paper tiger"... Buying in at $2 with a market capitalization of 250,000 is outrageous.
With a liquidity of $8, they dare to claim it's in the hundreds of thousands, a typical signal light before a rug pull, bro.
The name of this coin $BUTT really illustrates the problem 😅 Don't even touch this kind of project.
There are indeed many "zombie coins" like this on Meteora, probably another tool for some large investors to play people for suckers.
Selling is zero... That means it's all dumb buyers entering, too terrifying.
This data clearly shows it's a man-made illusion of a pumped market, actual liquidity can't come out at all.
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SandwichHunter
· 12-01 20:34
Wow, this thing only has 8 dollars in liquidity? Directly pump it to a market capitalization of 250,000, isn't this obviously a honeypot?
The $BUTT Token on the Solana on-chain Meteora platform has abnormal data: the 24-hour buying volume is only $2, and the selling volume is zero. The current liquidity is $8, while the market capitalization has reached $255,400. This combination of extremely low trading volume and inflated market capitalization usually indicates the risk of a Liquidity Trap.