Logo/imagery courtesy of on-chain metadata providers.
Market Snapshot
At a glance, the token priced around $0.0833 sits in the realm of smaller Solana assets. With a market capitalization near $83.3 million, it sits in the small-cap area for meme tokens on Solana—enough scale to matter, but not among the biggest movers in the ecosystem. The current price action is modestly positive over short horizons, reflecting a mix of new interest and ongoing trading activity.
- 1-hour price change: +1.66% • 4-hour: +8.86% • 12-hour: +6.67% • 24-hour: +3.80% (all in positive territory, indicating a rising momentum over multiple windows)
- Liquidity alongside market cap: liquidity sits around $528k versus an $83.3M market cap, signaling a relatively thin liquidity base
- Age: roughly 275 days old (about 9 months), categorized as established rather than brand new
- Holders: about 23,368 addresses contribute to a broad holder base
Taken together, these numbers describe a token that has found some footing and a growing base of holders, but trades with a noticeable liquidity gap that could amplify price moves on smaller trades. The momentum signals suggest price is trending upward, yet the liquidity thinness adds a layer of caution for anyone sizing trades.
Liquidity & Holders
Liquidity health is a crucial lens for meme coins, where quick, outsized price moves can accompany low depth. The liquidity ratio here—calculated as liquidityUsd divided by marketCap—lands near 0.006, or roughly 0.6%. That puts the asset in a “thin liquidity” category, meaning even modest orders can shift price more than what you might see on deeper markets. Traders should be mindful that slippage can occur quickly during periods of surge or stress.
On the holder side, a base of over 23k addresses signals a sizeable and engaged community for a Solana meme token. This breadth can support organic trading and social momentum, yet it also raises questions about concentration and distribution patterns. A broad base is helpful for exposure, but a few concentrated wallets can still swing liquidity or timing during bursts of activity.
Trading activity shows healthy engagement: total 24-hour volume exceeds $10.6 million, with around 55k transactions in that window. Yet, buyers and sellers present in roughly equal counts over 24 hours—about 951 buyers versus 1,037 sellers—hinting at a slight tilt toward selling in raw counts. Such dynamics are not unusual in a market where price is rising despite near-even participation, underscoring the complexity of demand vs. supply in a thin liquidity environment.
Momentum Signals
The data portrays a rising trend with accelerating momentum in activity. The token’s trend_direction is labeled rising, and the volatility index sits in a moderate range at 0.0274, suggesting movement without extreme swings. Volume momentum is described as accelerating, which can reflect new money entering the market or renewed interest from existing holders rotating into this token.
What this often means in practice is that positive price moves may continue for a while as liquidity supports the action, but a lack of depth can cause sharper corrections if a sudden wave of selling appears. The combination of a rising price with thin liquidity is a classic setup for quick, sizeable intraday moves—not guaranteed, but a pattern that attentive observers watch for. The “ Mirage” social archetype and the overall narrative around Solana meme assets help explain the ongoing attention and speculative chatter surrounding this token.
Risks to Watch
- Thin liquidity risk: Even moderate order sizes can move prices disproportionately, increasing slippage.
- Speculative, hype-driven environment: Meme coins often trade on sentiment and social momentum, which can reverse quickly.
- Concentration risk: While holder counts are sizable, distribution matters. A few large wallets can impact liquidity under stress.
- Smart contract risk: As with all on-chain assets, vulnerabilities or exploits could affect liquidity or access to funds.
- General market risk: As a small-cap meme asset, it is susceptible to broader market shifts and liquidity cycles within the Solana ecosystem.
Always interpret on-chain metrics as part of a broader assessment: volumes, price moves, and holder activity provide signals, but they are not guarantees. This analysis is educational and reflects current data snapshots rather than a prediction.
Research Tips
- Track liquidity depth during different market times (e.g., during bursts of activity vs. quiet periods) to gauge how slippage might occur on typical orders.
- Watch the correlation between price moves and volume: rising price with accelerating volume can indicate sustained interest, but verify with on-chain transaction patterns.
- Review holder distribution if possible: a spread across many addresses tends to indicate broader participation; concentrated wallets can alter liquidity quickly.
- Look for changes in trend signals over multiple timeframes to confirm whether momentum is durable or fading.
- Stay aware of risk factors common to Solana meme assets: social dynamics, exchange activity, and potential contract-related risks.
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Continuing to explore Solana meme coins with a disciplined approach helps readers understand how on-chain metrics translate into market behavior. Stay curious, verify data points, and watch how trends evolve as liquidity and participation shift over time.
Research responsibly. This article is for educational purposes only and does not constitute financial advice.
This article is educational content based on publicly available on-chain metrics. Crypto assets are volatile and risky. Always do your own research.