Spotted some interesting movement on a Solana meme token called $SANTA today. The 24-hour buy volume hit around $13.4K while sells came in at roughly $7.9K - showing more buying pressure than selling at the moment.

Market cap is sitting at about $23K, which puts this firmly in micro-cap territory. Here's the red flag though: liquidity shows zero. That's a major concern for anyone thinking about entering a position, since it means you might not be able to exit when you want to.

This looks like one of those pump launches where early data can be deceiving. The buy/sell ratio seems decent on the surface, but without proper liquidity backing it up, that market cap number doesn't mean much. Classic case of why you need to check more than just volume when evaluating these smaller plays.