A new project has emerged in the Solana ecosystem, and its 24-hour trading activity is worth paying attention to. According to the latest data, the project has a buy volume of $25,114 and a sell volume of $21,145 in the past 24 hours, showing a relatively balanced trading situation.
From a liquidity perspective, the current reserves in the liquidity pool are relatively limited, with a market cap of approximately $14,766. This scale is characteristic of early-stage projects, which typically imply higher volatility and risk. For traders interested in participating in such projects, understanding the trading depth and liquidity conditions is crucial, as it directly affects slippage costs when entering or exiting positions.
If you're interested in trading new projects on the Solana chain, you can view more detailed candlestick charts and trading depth data through the relevant trading interface to make more informed investment decisions.
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CompoundPersonality
· 01-10 22:09
Liquidity is only over 10,000? How small must it be for slippage to be deadly?
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NervousFingers
· 01-10 21:51
Damn, the liquidity is way too thin, you can dump the market with one move.
Early projects are like this, slippage can wipe out your profits.
Only 14,000 market cap? Isn't this just gambling?
Buy and sell orders are so close, it feels a bit deliberate.
Solana's new projects this wave really just surge and run.
I just want to know who can enter and exit without freaking out in this volume.
This scale is impossible to bottom fish, friends.
Volatility is off the charts, a 90% drop within 24 hours is no problem.
It looks balanced, but actually the most fake is just like this.
With such poor liquidity, they still dare to boast about activity, haha.
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HorizonHunter
· 01-10 21:46
With such low liquidity, one whale dumping can wipe it out.
The bid-ask spread is $4k, it looks balanced but it's actually quite uncomfortable.
Early projects probably have to endure significant slippage.
Enter at this price? I'll think about it some more.
There are so many small projects like this on Solana, it's quite a gamble.
A new project has emerged in the Solana ecosystem, and its 24-hour trading activity is worth paying attention to. According to the latest data, the project has a buy volume of $25,114 and a sell volume of $21,145 in the past 24 hours, showing a relatively balanced trading situation.
From a liquidity perspective, the current reserves in the liquidity pool are relatively limited, with a market cap of approximately $14,766. This scale is characteristic of early-stage projects, which typically imply higher volatility and risk. For traders interested in participating in such projects, understanding the trading depth and liquidity conditions is crucial, as it directly affects slippage costs when entering or exiting positions.
If you're interested in trading new projects on the Solana chain, you can view more detailed candlestick charts and trading depth data through the relevant trading interface to make more informed investment decisions.