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Solana chain spotted some interesting activity around FRANKLIN token. Within the past few hours, roughly 5 wallets have accumulated approximately $1.95k worth of tokens. The biggest single purchase came in at $718 from a newly created wallet. Despite this buying pressure, the market cap remains quite lean at around $730k. What's notable is that 2 of these wallets have already locked in gains, with roughly $865 in profits representing about a 30% return.
There's definitely some early momentum building here, but it's worth noting that profit-taking tends to happen fast in these micro-cap scenarios. Before considering any moves, pay close attention to the liquidity depth and trading volume patterns—these are often the deciding factors between a sustainable move and a quick pump that fizzles out.