Logo/imagery courtesy of on-chain metadata providers.
Market Snapshot: What the data tells us about this Solana meme coin
The token in focus is a Solana-native meme asset trading around USD 0.334 per unit, with a market cap roughly 333.7 million. That size places it well above many micro-caps in the meme space, yet far from the kind of capitalization that characterizes major, blue-chip tokens. An on-chain perspective helps temper hype: the project has a sizable on-chain footprint and an active holder base, but liquidity dynamics and momentum invite careful observation.
With a large community footprint—tens of thousands of holders—the asset shows that participation exists beyond a small circle of traders. However, the same data point that signals broad interest also underscores a core risk: liquidity for meaningful size trades remains constrained relative to the market cap. We'll unpack what that means next.
Liquidity & Holders
Liquidity health is described as thin in the current on-chain view. Numerically, liquidityUsd sits around 1.44 million, while market cap hovers near 333.7 million. When you compute a liquidity ratio of roughly 0.43%, it becomes clear why even moderate orders could move prices disproportionately. For meme assets, this thin liquidity translates into higher potential slippage and price impact during bursts of activity.
The holder base is substantial: about 37,000 addresses participate, which aligns with the description of a “large community.” A broad base can be a source of resilience in some scenarios, but it also means sentiment can swing quickly on flow-driven events, social signals, or influencer-driven bursts.
Momentum Signals
Momentum here is described as volatile. Over the last hour, the price is down about 0.7%; over the last four hours, there’s a modest uptick of around 4.4%; over 12 hours, a tiny positive drift near 0.2%; and over 24 hours, a notable decline around 9%. The combination suggests a mixed, choppy rhythm: short-term dips can be followed by brief recoveries, but the longer daily window has leaned negative.
A volatility index near 0.048 signals meaningful short-term swings relative to the size of the market cap. The trend direction label reads volatile, and the volume momentum is described as steady. In practical terms, traders might see quick spikes or retracements, with no clear long-term momentum yet established.
Volume & Activity
Looking at on-chain activity, total volume over the past 24 hours is around 20.4 million units (in the dataset’s frame). This proceeds through roughly 20,271 transactions—an active day by meme-coin standards. On a buyer/seller split, there are about 915 buyer events against 909 seller events, indicating near-balance with a slight tilt toward buying in the last day, even as the price slid over the same period. Such dynamics can reflect profit-taking after a burst of attention, distribution phases, or shifting retail sentiment.
An active, but not overwhelming, trading cadence can be a double-edged sword: it supports ongoing interest but also means liquidity can retreat quickly if sentiment shifts or if new catalysts fail to materialize.
Age & On-Chain Context
Created about 1,746,911 seconds ago (roughly 1,825 hours), the token sits in an “established” category, ~159 days old. Its persistence—coupled with meme-energy and a social archetype labeled “The Trickster”—suggests it’s experienced enough to have a community and routines, yet still feels nimble and reactive to social dynamics and market rotation.
The on-chain sentiment paints the picture of speculative activity, with a high meme energy and a mixed-but-active sentiment. While not a brand-new project, it remains a volatile creature of meme cycles, liquidity constraints, and attention spikes.
Risks to Watch
- Thin liquidity relative to market cap can cause outsized price impact on relatively modest trades.
- On-chain volatility may produce sharp swings in a short time frame, especially around social or media-driven events.
- Persistent hype without proportional fundamental backing can lead to abrupt reversals or profit-taking pullbacks.
- Smart-contract risk is a general concern for meme tokens on public chains; auditors, code changes, and governance decisions matter.
- Liquidity concentration risk: if liquidity is unevenly distributed or if a few pools dominate trading, disruptions can amplify price moves.
Research Tips
To navigate meme coins responsibly, readers can keep a few practical habits in mind:
- Cross-check liquidity across multiple pools and assess if there are reliable, active markets with relatively low bid-ask spreads.
- Track on-chain activity beyond price: monitor the trend of new holders, withdrawal/transfer patterns, and transaction counts for signs of shifting interest or fatigue.
- Watch for social signals and unusual spikes in buying vs selling activity, which can precede rapid momentum shifts.
- Keep a mental bookmark on the age and maturity of the project; newer lifecycles can carry higher uncertainty and risk of discontinuation.
More from our network
- https://blog.rusty-articles.xyz/blog/post/blue-white-giant-sparks-7900-light-years-milky-way-mapping/
- https://transparent-paper.shop/blog/post/creating-digital-coloring-pages-for-mindfulness/
- https://blog.digital-vault.xyz/blog/post/proven-user-retention-tactics-that-truly-work/
- https://blog.digital-vault.xyz/blog/post/scaretiller-analyzing-engagement-across-mtg-archetypes/
- https://blog.digital-vault.xyz/blog/post/gate-hound-stats-visualized-mana-cost-power-toughness/
Closing thoughts: researching responsibly in a volatile space
On-chain metrics offer a clear window into how a meme asset behaves beyond headlines. This coin shows a robust on-chain footprint and a sizable holder base, yet its liquidity posture and short-term momentum invite caution. Always verify liquidity depth before attempting meaningful trades, watch for shifts in buyers versus sellers, and remember that meme dynamics can surge and fade quickly.
This article is intended for educational purposes to illuminate how raw metrics translate into on-chain reality. It does not constitute investment advice, a recommendation, or a price target.
This article is educational content based on publicly available on-chain metrics. Crypto assets are volatile and risky. Always do your own research.