Logo/imagery courtesy of on-chain data providers.
Market Snapshot
The token currently trades around $1.73, placing its market capitalization in the sub-$1B range—roughly $961 million. That makes it a notable presence in the Solana ecosystem without crossing into the larger top-tier tokens by market cap. The price movement windows show a mixed short-term rhythm: a tiny, almost negligible dip in the last hour, a short-term bounce over the past 4 hours, a modest rise in the 12-hour frame, and a more pronounced decline over the last 24 hours. This pattern hints at a sentiment that is at times volatile, driven by micro-trends and episodic demand shifts rather than a single, sustained directional move.
Liquidity & Holders
On-chain liquidity sits at approximately $2.89 million, which relative to the market cap is relatively thin—roughly 0.3% of market value. In practical terms, that means even small order imbalances could move the price more than might be comfortable for larger traders or new entrants. The holder base is sizable, with about 251,792 distinct addresses. That signals a robust, broad community footprint, which is common for Solana meme-leaning assets. In combination with a “large community” descriptor, this dynamic often translates to active retail participation but also heightened sensitivity to social signals and hype cycles.
The token is described as established—age is around 13,272 hours, or roughly 1.5 years. An on-chain maturity like this can indicate a degree of resilience, but it does not remove the friction of ongoing meme-driven volatility. The presence of a long-standing community can sustain engagement, yet liquidity depth remains a critical factor to monitor as the market evolves.
Momentum Signals
The momentum profile here reads as volatile. The one-hour price change is a tiny negative tick, while the 4-hour window shows a small rebound, followed by a near-flat 12-hour frame. The 24-hour metric, however, points to a downward tilt. These mixed signals suggest ongoing distribution or rotation among holders rather than a clear, sustained trend. The volatility index sits at a moderate level, reinforcing the sense that moves can be abrupt but not extreme by historical standards.
Volume activity remains meaningful, with roughly $1.78 million of volume in the last 24 hours and around 6,500 total transactions. The last-day buy/sell balance shows near-equal pressure overall, but a slight tilt toward selling in the immediate 24-hour window. For readers watching on-chain movements, this combination hints at a market that is lively but not decisively directional, with participation from both whales and retail players.
Why the Mood Might Persist or Shift
The blend of a healthy but thin liquidity base and a large community can produce a paradox: substantial social momentum can spark rapid, short-lived price spikes, but a limited liquidity cushion can make those spikes fragile. In this environment, modest shifts in buyer versus seller activity—plus exchange-driven liquidity events or cross-chain activity—tend to have outsized impact. The dataset also labels the social archetype as “The Trickster,” which captures the playful yet unpredictable nature of meme coins: hype cycles, narrative shifts, and influencer-driven attention can rapidly alter sentiment, even when on-chain fundamentals look stable.
The overall market-behavior summary notes downward pressure over the last 24 hours with a modest mid-term rebound and steady volume. In practice, this means spikes may occur on favorable social cues or partnerships, but sustained uptrends would require deeper liquidity and consistent buyer interest beyond short-term buzz.
Risks to Watch
- Volatility risk: Even with established on-chain activity, the meme-coin segment can swing quickly as attention shifts.
- Liquidity risk: Thin liquidity can magnify price moves and slippage, especially on large orders or during bursts of activity.
- Smart-contract risk: On-chain tokens depend on secure smart contracts and dependable network health; bugs or exploits can impact liquidity and value.
- Operational risk: Exchange outages, routing changes, or liquidity fragmentation across venues can influence execution quality.
This section is intended to illuminate what the numbers imply about risk exposure in a learning context. It is not investment advice, and it does not target a buy/sell/hold recommendation.
Research Tips
- Track liquidity depth relative to recent price moves to gauge resilience during demand shocks.
- Monitor holder dynamics over time; a growing, active holder base can indicate broad-based engagement, while a stagnating base might signal vulnerability to exogenous shocks.
- Cross-check momentum signals across multiple windows (1h, 4h, 12h, 24h) to separate fleeting spikes from more sustained trends.
- Observe volume alongside the buy/sell transaction split to understand whether activity is driven by new entrants or existing holders shifting positions.
- Be mindful of the social-archetype and meme-energy as indicators of narrative-driven volatility; use them as supplementary context rather than standalone signals.
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In closing, readers are encouraged to approach on-chain signals with curiosity and caution. Research responsibly, watch how trends evolve, and keep in mind that meme-driven assets can behave unpredictably even when data seems steady. This article aims to illuminate the current state and context, not to forecast outcomes or provide financial guidance.
This article is educational content based on publicly available on-chain metrics. Crypto assets are volatile and risky. Always do your own research.