Image courtesy of on-chain metadata providers and project imagery.
Market Snapshot
Among Solana meme tokens, this project stands out for its sizable on-chain presence and a distinctly active community. The current on-chain price sits around 0.0218 USD, roughly two cents per token. While that figure captures one moment in time, it helps readers gauge scale relative to larger crypto markets without venturing into price forecasts. The coin’s market capitalization sits in the mid-to-upper billions in USD terms, signaling a significant footprint for a meme-project with broad visibility and a devoted follower base.
What this means in practical terms: a large market cap combined with a relatively modest price per unit can reflect a token with a lot of circulating supply and strong community support. It’s important to remember that market cap is just one lens; it doesn’t guarantee liquidity depth or future momentum. For this coin, the on-chain narrative remains heavily meme-driven and community-powered, with the data painting a story of established activity rather than a fleeting flash-in-the-pan moment.
Liquidity & Holders
Liquidity health is a critical lens for meme coins, where thin liquidity can amplify price moves. Here, liquidity sits at about 2.58 million USD, while market capitalization is around 1.67 billion USD. When you compute liquidity relative to market cap, the figure is roughly 0.15%, a level that many traders would classify as thin liquidity. That suggests that sizable trades could move price more than in higher-liquidity assets, making individual orders potentially more impactful than in more liquid markets.
Holder base is substantial, with more than half a million holders (545,518). A large holder base often correlates with diverse on-chain behavior and a mix of speculative retail, long-term supporters, and potential micro-whale activity. In the current context, the large community provides ongoing participation, but it also means price action can reflect a broad spectrum of sentiment and trading styles rather than a narrow set of market players.
Momentum Signals
The momentum data today show a downward tilt: price percent change over the last 1 hour is roughly -1.07%, 4 hours about -3.44%, 12 hours around -6.01%, and 24 hours near -6.17%. In short, the trend direction has been falling over multiple windows, with volatility modestly elevated by historical standards (volatility index ≈ 0.0209). The momentum is not explosive, but the consistent negative readings over 12–24 hours indicate sustained selling pressure rather than a sudden spike.
Volume activity supports a nuanced picture. The 24-hour total traded volume is around 2.31 million USD, with roughly 1,226 transactions in the same window. This points to steady participation rather than a single blockbuster day. The split between buyers and sellers shows more sellers than buyers in the recent window, reinforcing the narrative of cautious sentiment among participants. In practice, this combination—thin liquidity, a large but potentially sentiment-driven holder base, and modest turnover—means price moves could be sensitive to shifts in attention, gas/transaction costs, or notable on-chain events.
Age & Ecosystem Signals
On-chain age metrics indicate the token is established but not ancient. With an age of roughly 7,245 hours (about 302 days) and an "established" category designation, the project has moved beyond the earliest hype phase into a more mature phase of on-chain presence. The social archetype associated with the token is described as “The Mirage”—a signifier of enduring meme energy even as price momentum cools. The current sentiment summary notes that sellers are outpacing buyers, which aligns with the observed downward momentum.
Other qualitative signals include an energy-rich meme narrative and a speculative economic alignment. In practical terms, the combination of strong community sentiment and thin liquidity can produce a paradox: genuine engagement exists, but price discovery may rely heavily on the next round of attention, a notable on-chain event, or a liquidity uptick that broadens market participation.
Risks to Watch
- Thin liquidity amplifies impact risk: even small trades can move price more than in deeper markets.
- Volatility driven by meme cycles: hype spikes can be followed by equally swift pullbacks, especially when sentiment shifts or new on-chain events emerge.
- Smart contract risk: like all memecoins, the security of the underlying code and any connected infrastructure matters; audits, if any, should be reviewed carefully.
- Market behavior risk: a large community does not equal guaranteed liquidity or price stability; crowd psychology can override fundamentals in the short term.
- Counterparty and exchange risk: as with many Solana-based assets, on-chain liquidity and exchange access can influence trading experience and execution quality.
Research Tips
To build a grounded view, keep a few data points in focus: liquidity depth relative to market cap, recent price momentum, and turnover velocity. A helpful heuristic is to watch for changes in the liquidity ratio (liquidityUsd ÷ marketCap). A rising ratio can signal improving liquidity conditions, while a falling ratio may presage greater price sensitivity to trades. Also, observe the balance of buyers versus sellers and the cadence of transactions—not just the price—to gauge whether momentum is backed by active participation or driven by a few large players.
More from our network
- Efficient tutors to fetch revel of the fallen god
- Proven user retention strategies that actually work
- Vow of Flight: boosting win rate via inclusion
- Brightness and color reveal: a hot blue giant in Centaurus
- Amazing value games on sale: top deals you can't miss
Closing thoughts
Exploring on-chain metrics for meme coins can illuminate the rhythms of a vibrant community and the practical realities of trading where liquidity is thin and sentiment matters. Stay curious, and keep an eye on how participation, liquidity, and momentum evolve together. Remember: this article is for educational purposes only and not financial advice. Responsible research, cautious testing, and careful wallet hygiene go a long way in navigating the ever-shifting landscape of Solana meme assets. 🧪🚀📈
This article is educational content based on publicly available on-chain metrics. Crypto assets are volatile and risky. Always do your own research.