Logo/imagery courtesy of on-chain metadata providers.
Market Snapshot
The token, associated with the Solana ecosystem, is trading around $0.11 per unit based on the latest on-chain metrics. With a market capitalization near $213 million, it sits in the small-to-mid cap range for Solana-based tokens—substantial for a meme-driven project, yet not among the largest on the chain. This size often translates to meaningful liquidity and notable attention, but it can also mean sharper swings when trading interest shifts.
On-chain liquidity currently sits at roughly $1.03 million. Relative to market cap, that yields a liquidity ratio near 0.5%, which is characterized in the data as thin liquidity. In practical terms, large orders or sudden sell-offs could move the price more than in higher-liquidity assets, especially during periods of heightened selling pressure.
The holder base is reported at about 9,764 holders, described as an active community. That suggests a reasonably engaged crowd for a token that has been around for a while, but it also means sentiment can swing quickly if new developments or macro forces shift attention.
Momentum signals paint a nuanced picture: the 1-hour window shows a small dip (-2.6%), the 4-hour window rebounds (+3.7%), while the 12-hour and 24-hour windows register meaningful declines (-14.5% and -16.3%, respectively). In other words, near-term price action is volatile and broadly downward over the larger daily frame, even as there are brief intraday bursts.
Momentum & Activity Signals
Trading activity has picked up in total volume over the last day, with 24-hour volume around $1.36 million and 3,140 total transactions. The volume momentum is described as accelerating, which can indicate growing attention—even if price is drifting lower. In tandem, buy and sell activity shows sellers outpacing buyers in the last 24 hours (approximately 1,841 sells vs. 1,299 buys). The number of unique buyers (265) and sellers (279) also tilt toward selling pressure, reinforcing the sense of cautious sentiment among participants.
Age-wise, the token is listed as established, with an age of roughly 59 days. While not brand-new, it remains young enough for ongoing community-building and potential updates that could alter the risk-reward profile. A volatility index around 0.083 suggests moderate volatility—enough to attract speculative trading but not extreme by most meme-coin standards.
Liquidity, Holders & Market Behavior
Liquidity strength is described as thin, reinforcing the earlier note that large trades or rapid shifts could lead to outsized price moves. The holder dynamic is an active community, which aligns with a lot of meme-driven ecosystems where social activity and on-chain signals can diverge from price trends in the short run.
Market behavior is summarized as “Downward price drift with accelerating volume indicates growing interest but selling pressure.” The sentiment snapshot echoes that theme: sellers currently outpace buyers and the price trend is negative, suggesting profit-taking or caution as traders await new catalysts.
In terms of ecosystem archetypes, the social profile is described as “The Trickster,” hinting at a playful, unpredictable narrative around the token. This can help explain why price action might show sharp, non-linear movements even when fundamentals like liquidity are thin.
Risks to Watch
- Thin liquidity: With a small liquidity cushion relative to market cap, large orders can move the price quickly and slippage may be pronounced.
- Volatility and sentiment risk: Price momentum is volatile, and the current trend direction is falling. Traders should monitor order flow and social signals for potential shifts.
- Speculative alignment: The economic narrative is described as speculative, which often means rapid sentiment shifts can occur without clear, long-term fundamentals.
- Smart contract and on-chain risk: Meme tokens rely on trust in smart contracts and liquidity provisioning; security incidents or bugs can impact value and liquidity.
Research Tips
- Track liquidity movements: Watch whether liquidity is added or withdrawn during price swings, as this can foreshadow new support or a liquidity drain.
- Monitor on-chain activity: Rising transactions and accelerating volume can indicate growing interest, but verify whether this activity accompanies net buying or net selling.
- Consider holder dynamics: An active community helps sustain engagement, but a rising concentration of holdings among a few wallets can increase dumping risk.
- Balance short-term signals with longer-term context: Short windows may show bounces; longer windows reveal the broader trend and potential for continued declines if catalysts don’t emerge.
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In the broader landscape of Solana meme coins, this token’s on-chain signals align with a narrative of growing attention paired with selling pressure. As with any meme-oriented asset, on-chain data should be complemented with qualitative signals from social channels, project updates, and ecosystem development to form a more complete view.
Researchers and curious readers should remember that this article focuses on educational interpretation of public metrics. It does not constitute financial advice, and it avoids price targets or trading recommendations.
As you explore on-chain trends, stay curious, verify sources, and keep a close eye on liquidity shifts, holder activity, and the evolving social narrative. Trends change, and disciplined observation is your best defense in the vibrant world of meme coins.
This article is educational content based on publicly available on-chain metrics. Crypto assets are volatile and risky. Always do your own research.