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Spotted an interesting token on the Solana chain today – $Collector just launched on PumpFun platform.
The 24-hour trading activity shows some decent volume: buys hit $85.7K while sells came in at $77.3K. That's a relatively healthy buy-to-sell ratio, though the liquidity situation is concerning at basically zero. Current market cap sits around $37K.
Typical early-stage PumpFun launch dynamics here. The volume numbers suggest there's active trading interest, but that non-existent liquidity is a massive red flag for anyone considering entry. Could be a quick flip opportunity for degens, or just another rug waiting to happen.
Anyone else tracking this one? Would love to hear if there's actual utility behind it or if it's pure speculation play.