Just discovered an interesting TOKEN on Solana via DEXScreener - $DELIBIRD. The numbers look quite exciting at first glance:
In the last 24 hours, the buying volume was about 22.6k dollars, while around 14.5k dollars were moved on the selling side. The ratio indicates more buying pressure, which naturally appears positive at first.
The market capitalization is currently in the range of 34k dollars - so it's still a very early phase. With such small MCs, the risk is correspondingly high, but so is the potential for rapid movements.
What makes me suspicious, however, is that the liquidity is shown as zero dollars. This is definitely a warning sign and should make everyone cautious. Without proper liquidity, one often cannot enter or exit sensibly.
Anyone who looks at something like this should really only invest money that they can afford to lose completely. On Pump.fun, there are hundreds of such launches every day - most disappear just as quickly as they appeared.
Do your own research before doing anything!
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Just discovered an interesting TOKEN on Solana via DEXScreener - $DELIBIRD. The numbers look quite exciting at first glance:
In the last 24 hours, the buying volume was about 22.6k dollars, while around 14.5k dollars were moved on the selling side. The ratio indicates more buying pressure, which naturally appears positive at first.
The market capitalization is currently in the range of 34k dollars - so it's still a very early phase. With such small MCs, the risk is correspondingly high, but so is the potential for rapid movements.
What makes me suspicious, however, is that the liquidity is shown as zero dollars. This is definitely a warning sign and should make everyone cautious. Without proper liquidity, one often cannot enter or exit sensibly.
Anyone who looks at something like this should really only invest money that they can afford to lose completely. On Pump.fun, there are hundreds of such launches every day - most disappear just as quickly as they appeared.
Do your own research before doing anything!