Logo/imagery courtesy of on-chain data providers.
Market Snapshot
On the radar of Solana meme ecosystems, this coin sits with a price near $0.0824 per unit and a reported market capitalization around $82.4 million. That scale marks it as a mid-sized micro-cap within the Solana meme space, which can attract attention but also invites heightened volatility. Trading activity over the past 24 hours shows a total volume of roughly $1.70 million, with more than 27,900 individual transactions, underscoring active participation despite a cautious atmosphere.
The short-term momentum is mixed. In the last hour, the price rose about 2.3%, but the 4-hour to 24-hour windows reveal a downturn: about -5.3% in 4 hours and -7.6% over 24 hours. Such oscillations are common in meme assets when liquidity is thin and trader sentiment shifts rapidly. The asset also exhibits a modest volatility index around 0.039 (roughly 3.9%), signaling noticeable but not extreme day-to-day swings.
The token’s age is just over 202 hours (a little over 8 days), placing it in a developing phase. Early-stage tokens often show rapid sentiment shifts as traders test liquidity layers and on-chain interest. Taken together, the combination of a solid price scaffold and relatively modest liquidity suggests the space remains reactive to news cycles and social signals.
Liquidity & Holders
A key takeaway is the liquidity posture: liquidity sits around $784k, while the market cap sits well above that level, yielding a liquidity ratio of roughly 0.95%. In practical terms, that thin liquidity means even small buy or sell orders can move the price more than in heavily liquid markets. For a meme asset, this amplifies the potential for rapid moves—up or down—on news or social activity.
The holder base is relatively compact, with about 1,130 addresses annotated as holders. While this is a small fanbase by many standards, the data describe a growing community that remains engaged enough to sustain modest momentum. In meme ecosystems, the balance between fresh participants and a stable core can swing quickly as new narratives emerge.
Momentum Signals
Beyond price, the trend direction points to a falling momentum posture, even as volume momentum is described as accelerating. This juxtaposition—rising activity but downward price slope—can reflect whipsaw trading, where buyers and sellers are contesting a thin liquidity environment. The net sentiment remains nuanced: buyers outpace sellers in raw transaction counts over the last 24 hours, but the price trend continues to drift lower, a reminder that volume alone doesn’t guarantee price appreciation when liquidity is constrained.
The composition of activity shows roughly 1,574 buyer-side events vs 1,338 seller-side events across the last 24 hours. There are a few more buyers than sellers in that window, yet the broader downtrend indicates those trades haven’t yet shifted the macro direction. For observers, this pattern hints at a cautious crowd that may respond to a favorable news cycle or a liquidity injection narrative.
Activity & Participation
The market’s micro-structure highlights a lively, albeit modest, on-chain footprint: the 24-hour window shows over 27k total transactions and a cumulative volume near $1.70M. This level of activity is a double-edged sword—healthy engagement exists, but it can be fragile if liquidity dries up or if external attention wanes.
The token’s social archetype is categorized as The Trickster, with meme energy labeled as high and an economic alignment described as speculative. In practice, this combination often drives curiosity and rapid cycles of hype, followed by pullbacks when liquidity and fundamentals don’t reinforce the momentum. Traders should treat such patterns as indicators of potential high-reward, high-risk moments rather than reliable signals.
Risks to Watch
- Thin liquidity can lead to outsized price moves from relatively small orders. Always consider the potential slippage before participating.
- Volatility and rapid sentiment shifts are common in meme coins; price can swing on social media, influencer chatter, or onboarding news.
- Smart-contract risk remains a factor in any on-chain token. Review security practices and ensure you understand the token’s audit status and issue history if available.
- Market depth can evaporate quickly in developing projects; do not deploy money you cannot afford to lose.
- Riskiest cycles often accompany new liquidity events or marketing pushes—hype can be fleeting and is not a guarantee of long-term value.
Research Tips
- Check liquidity health by comparing liquidity to market cap (aim to gauge how much price impact a trade could have).
- Monitor the holder base for signs of consolidation or distribution; a rising holder count with balanced activity can be a healthier signal than rapid, singular pumps.
- Observe momentum signals across multiple windows (1h, 4h, 12h, 24h) to understand near-term vs. mid-term trends.
- Cross-check on-chain activity with social signals, but verify credible sources to avoid hype-driven misreads.
- Review any available documentation about tokenomics, staking, or liquidity locking as a risk mitigation check.
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In the evolving landscape of Solana meme coins, this asset demonstrates how thin liquidity, modest holder bases, and mixed momentum can shape daily activity. As with any on-chain token, continued vigilance, diversified research, and caution with capital allocation remain essential for participants navigating this dynamic space.
Research responsibly and stay attuned to how on-chain trends evolve. This article is intended for educational purposes—there are no guarantees or financial advice, and it should not be taken as a buy/sell/hold signal.
This article is educational content based on publicly available on-chain metrics. Crypto assets are volatile and risky. Always do your own research.