2026-01-16 18:11:25

Just caught a fresh find on Meteora over Solana—$SIGMA token is showing some interesting on-chain activity worth a quick look.

The numbers so far? 24-hour buy volume sitting at $93,120 while sell-side is slightly higher at $100,955. That's a relatively tight spread, suggesting some actual trading interest rather than pure hype. Liquidity pool is sitting at $8,879 with a market cap around $9,495, which means we're still in that micro-cap discovery phase.

The buy-to-sell ratio feels fairly balanced, though the marginally higher sell pressure hints that some early participants might be taking profits. For a token this early in its lifecycle, these volume levels aren't insignificant.

Worth scanning the chart yourself if you're tracking emerging Solana ecosystem plays. These micro-cap projects move fast—both directions.

SOL0,42%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

20 Likes

Reward
20
9
Repost
Share

Comment

0/400

InscriptionGriller

· 01-18 12:35

Selling pressure is higher than buying pressure, early participants are running away and cutting leeks. I've seen this routine too many times. The trading volume on micro-boards is not worth mentioning at all. A gust of wind can trigger a death spiral. Be careful not to become the last one. $9495 market cap? Wake up, brother. This is a typical sign of a Ponzi scheme. If the team doesn't run away, at least they are making money. With such tight liquidity, the routines of pumping and dumping are already written on the chain. Smart people should have understood this long ago. Projects like this are everywhere on Meteora. 99% of them end up zero. Watching the excitement is just a harvesting scheme.

View OriginalReply0

BagHolderTillRetire

· 01-17 15:08

The fact that selling pressure is higher than buying pressure is interesting; early buyers might be worried about a rug pull.

View OriginalReply0

LuckyBearDrawer

· 01-17 08:12

It's another micro-market in the Sol ecosystem. With such obvious sell pressure, early buyers might be forced to cut their losses.

View OriginalReply0

LiquidatedTwice

· 01-16 18:41

Is it another micro-cap? Same story again. Haven't you learned enough from the early bagholders' blood, sweat, and tears?

View OriginalReply0

DefiPlaybook

· 01-16 18:40

Buying and selling are almost the same, and no one has run away yet. Is this called good news? --- A $9.5k market cap asset, be careful with gas fees eating into profits when placing orders. --- Another Meteora? The last time someone tried to scalp here, they were still in the hospital. --- Liquidity is less than 9k, feels like a big whale could push it to the sky... or smash it to the ground. --- This market cap is so small, does anyone dare to do on-chain wash trading? --- It looks like there's trading volume? But I feel like the team might be just self-trading. --- In the micro-market phase, people are shouting "worth watching," but let's see after it hits zero. --- New tokens on Solana are all the same. Is there anything special this time? --- Slightly higher selling pressure indicates early participants are cashing out. Got it. --- Another routine where I wait to scalp and then it runs away.

View OriginalReply0

GweiWatcher