Just spotted some interesting movement on $MIKE — a Solana meme token that's been making waves on DEX trackers.

Here's what the numbers are showing: 24-hour buy volume hit $58,132 while sells came in at $47,679. That's a pretty decent buy-to-sell ratio if you ask me. Current market cap sits around $47K, though the liquidity pool is showing zero which is... well, something to keep an eye on.

The token's been getting traction through decentralized exchanges, and those volume figures suggest there's actual trading activity happening. Not financial advice obviously, but these metrics can tell you a lot about whether a meme coin has legs or if it's just another flash in the pan.

Anyone else tracking this one? Would be curious to hear what others think about that liquidity situation.

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GasFeeCrier

· 2h ago

Liquidity is 0? Isn’t that playing with fire? No matter how good the buy-sell ratio looks, it’s useless.

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SellTheBounce

· 5h ago

Zero liquidity? That’s exactly the human weakness I was talking about. No matter how aggressively you buy, someone still has to take over your position.

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DegenWhisperer