Spotted an interesting token on Solana DEX - $doraemon showing some movement worth noting.
Past 24 hours paint a decent picture: buy-side volume hit around $39.3K while sells came in at $34K. That's a positive spread, though nothing explosive. Market cap sitting at roughly $20K - definitely in micro-cap territory.
Liquidity situation? Practically non-existent at the moment, which means high volatility potential. Could swing either way fast.
For those tracking emerging Solana tokens, this one's displaying the classic early-stage pattern. The volume differential suggests some accumulation happening, but that zero liquidity is the elephant in the room. Trade carefully if you're considering a position.
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.
15 Likes
Reward
15
6
Repost
Share
Comment
0/400
MoonlightGamer
· 3h ago
There's basically no liquidity and you still dare to promote it—if that's not gambling, what is...
View OriginalReply0
RugpullAlertOfficer
· 12-01 21:14
Zero liquidity? This is a sign of a rug, man.
View OriginalReply0
GasFeeBeggar
· 12-01 21:11
Oh no, there is basically no liquidity? How dare you touch this, it will instantly play people for suckers.
View OriginalReply0
LadderToolGuy
· 12-01 21:01
Is there basically no liquidity? Isn't this just the prelude to a rug? I've seen too much of this.
View OriginalReply0
GasFeeNightmare
· 12-01 20:57
20k market capitalization with zero liquidity? Isn't this just a casino... Bid-Ask Spread of 5k and you have to pray that you can get out, I calculated that running contracts at the current gwei would result in huge losses.
View OriginalReply0
NoodlesOrTokens
· 12-01 20:57
Liquidity is zero? Isn't that the ultimate test for a dumb buyer? Passed.
Spotted an interesting token on Solana DEX - $doraemon showing some movement worth noting.
Past 24 hours paint a decent picture: buy-side volume hit around $39.3K while sells came in at $34K. That's a positive spread, though nothing explosive. Market cap sitting at roughly $20K - definitely in micro-cap territory.
Liquidity situation? Practically non-existent at the moment, which means high volatility potential. Could swing either way fast.
For those tracking emerging Solana tokens, this one's displaying the classic early-stage pattern. The volume differential suggests some accumulation happening, but that zero liquidity is the elephant in the room. Trade carefully if you're considering a position.