Logo/imagery courtesy of on-chain metadata providers.
Solana hosts a variety of meme-driven tokens that rise and fall with community attention, hype cycles, and on-chain activity. One such token with a loyal base sits at a price point around modest fractions of a dollar and carries a micro-cap footprint in market capitalization. The data points below help frame what the coming weeks could look like from an on-chain perspective—without venturing into guarantees or price targets. Remember: meme coins can be volatile, and liquidity can shift quickly as new players enter or exit the market.
Market Snapshot
- Price context: The current USD price is approximately 0.0413 per token, placing it in the realm of low-priced assets that attract micro-investors and speculators alike.
- Market capitalization: Around $38.7 million, which places this token in micro-cap territory within the broader crypto space.
- Liquidity health: Liquidity sits near $1.25 million. The liquidity-to-market-cap ratio is about 3.2%, suggesting a moderate liquidity profile for a niche Solana meme asset—not a vast but not negligible cushion for trades.
- Holder base: Approximately 14,286 holders, indicating a relatively active community for a micro-cap token on Solana.
- Age and maturity: The project is established, roughly 176 days old, not a brand-new mint but still early in many on-chain lifecycles.
Momentum Signals
The momentum picture mixes short-term upticks with a broader sense of downward pressure. The one-hour move is a tiny positive nudge, while 4–24 hour windows show negative returns, culminating in a 24-hour decline near 13%. The volatility index sits at a modest level, suggesting room for price movement without extreme swings in the near term.
The trend direction is labeled as falling, and volume momentum is described as steady. In practice, this combination often means more participants are trading, yet the prevailing price action is trending lower as selling interest persists alongside ongoing activity.
Activity & Participation
On-chain engagement paints a nuanced story of participation and intent. Over the last 24 hours, total trading volume is around 880k (in the dataset’s units) with 741 transactions. Buyer activity outpaces selling in several dimensions: 24-hour buyers total 152 compared with 134 sellers, and buy transactions (435) exceed sell transactions (306). This pattern hints at a cautious optimism among some traders even as price momentum remains downward.
Age is a point of context as well: the token is established (about 176 days old). The market behavior summary characterizes the environment as downward momentum with rising volumes, implying ongoing selling interest amid a bustling, active market. The sociocultural lens labels the token as “The Mirage”—a reminder that meme energy can be high, but shifts in sentiment and participation matter just as much as raw price moves.
In short, there is meaningful engagement and a sizeable community, but the current pricing regime reflects a tug-of-war between buyers and sellers, with selling pressure edging into the forefront in the recent window.
Risks to Watch
Before diving into any trades, consider the general caveats that accompany meme coins on any chain, including Solana:
- Volatility can be sudden and amplified by social sentiment, a small number of large holders, or narrative shifts in online communities.
- Liquidity can be thin relative to larger tokens, making significant trades impactful and potentially widening spreads.
- Imperfect information: on-chain data provides a snapshot, not a guarantee of future results. Momentum can reverse quickly if interest migrates elsewhere.
- Smart contract risk and platform-specific factors: audits, code updates, and network incidents can influence token behavior beyond price alone.
These factors do not constitute investment advice; they are general considerations to inform responsible, educational exploration of on-chain metrics.
Research Tips
To get a grounded sense of where this meme coin stands, consider the following on-chain signals alongside price data:
- Track liquidity changes and liquidity-to-market-cap ratio over time to gauge how easily a trade could enter or exit without slippage.
- Watch holder distribution and changes in unique addresses—sudden concentration or rapid growth can signal shifting sentiment or whale activity.
- Monitor buy vs. sell flows and how they align with price moves. A sustained preference for buys during a down leg may point to a resilient base; persistent selling pressure may indicate fading interest.
- Observe momentum across multiple timeframes (1h, 4h, 12h, 24h) to differentiate short-lived spikes from more durable trends.
- Review on-chain behavior notes and sentiment indicators from the project’s community and ecosystem partners to contextualize numbers beyond raw metrics.
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Closing Thoughts
As you explore on-chain metrics, remember that responsible research is a process of triangulating price signals with liquidity, participation, age, and sentiment. The narrative around a Solana meme coin like this one can shift quickly as new information or activity enters the market. Stay curious, verify data from multiple sources, and watch how trends evolve over time rather than reacting to a single data point.
This article is educational content based on publicly available on-chain metrics. Crypto assets are volatile and risky. Always do your own research.