Spotted some interesting movement on a Solana token through Meteora's pools. The ticker's showing $QBS with a contract starting 2BAKjB...
Past 24 hours painted an unusual picture - buyers pushed $17.15k through while sellers only moved $13.39k. That's a decent buy-side tilt. Liquidity's sitting at $11.87k, which feels thin considering the market cap hit $5.79M.
Could be early accumulation phase or just another pump waiting to dump. The volume imbalance is noteworthy though. Anyone else tracking this one? Numbers don't lie but context matters in these micro-cap plays.
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GasFeeDodger
· 12-02 16:49
Solana this piece of broken coin is back again, every time it's the same routine. When buying pressure is greater than selling pressure, be careful. With only over 10,000 in liquidity, it dares to boast a market capitalization of 5.79 million? Laughing to death.
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GasFeeTears
· 12-02 16:44
Why is there such a big difference in buy and sell orders? What's going on with Meteora...
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0xLostKey
· 12-02 16:43
The buy order is oversold at 4k, and this liquidity is too thin... it feels like it's about to break at any moment.
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SignatureVerifier
· 12-02 16:35
nah that liquidity-to-mcap ratio screams insufficient validation tbh... $11.87k backing $5.79M? trust but verify before touching this one
Spotted some interesting movement on a Solana token through Meteora's pools. The ticker's showing $QBS with a contract starting 2BAKjB...
Past 24 hours painted an unusual picture - buyers pushed $17.15k through while sellers only moved $13.39k. That's a decent buy-side tilt. Liquidity's sitting at $11.87k, which feels thin considering the market cap hit $5.79M.
Could be early accumulation phase or just another pump waiting to dump. The volume imbalance is noteworthy though. Anyone else tracking this one? Numbers don't lie but context matters in these micro-cap plays.