Logo/imagery courtesy of on-chain metadata providers.
Market Snapshot
In the Solana meme-coin universe, this token sits in the established camp rather than the newest flock. Priced around $0.021 per token, its reported market capitalization (~$21 million) points to a modestly sizable micro-cap by meme-coin standards. That price level, paired with a roughly billion-token circulating supply implication (market cap divided by price suggests on the order of 1.0B tokens), underscores a substantial base rather than a tiny, one-off mint. The coin’s age is about 150 days, placing it well away from the ultra-new launches, and giving it a more fleshed-out on-chain history to observe.
What the current on-chain trajectory implies is a downward tilt on near-term momentum. The price has declined over multiple windows: about -1.0% in the last hour, around -8.7% over 4 hours, roughly -8.4% over 12 hours, and about -9.2% in 24 hours. That pattern signals a prevailing downtrend rather than a rapid snapback. Yet the sentiment summary indicates buyers have consistently outpaced sellers across the major windows, hinting persistent interest even as prices retreat. In other words, the energy remains “Phoenix-like”—a resilient storyline even in softer price action.
Liquidity & Holders
Liquidity health matters for meme coins where order-book depth can swing with less predictable capital. Here, liquidity stands at about $761,777, which, when weighed against the market cap, yields a liquidity ratio of roughly 3.6%. That figure places it in the moderate range: not deeply liquid like top-tier assets, but not vanishingly thin either. A practical takeaway is that sizable sell-side pressure could move prices more than in assets with deeper liquidity, though the presence of a dedicated, engaged holder base can cushion sharp moves.
- Market cap: $21,032,502
- Liquidity (USD): $761,777
- Liquidity ratio: ~3.6% (moderate)
- Holders: 12,449
- Holder dynamics: Large community
The holder base paints a picture of a broad, active audience rather than a tightly concentrated few wallets. With a large community, participation can be more diverse—and that can amplify both positive momentum when interest rises and negative moves when selling stirs sentiment. The enrichment narrative describes resilience in liquidity amid cooling price action, often seen in coins that rely on steady retail participation rather than a handful of whales.
Momentum Signals
Momentum metrics align with the price trajectory. The volatility index sits at 0.0336, suggesting moderate price swings—not explosively wild, but not chair-still calm either. The trend direction is labeled as falling, and the volume momentum is described as cooling, consistent with a gradual fading of recent buying pressure. Nevertheless, the sentiment snapshot notes that buyers have outpaced sellers across the major windows, which can foreshadow a potential rebound if new buyers step in or if selling pressure eases.
- Price change (1h): -1.0% (approx.)
- Price change (4h): -8.7%
- Price change (12h): -8.4%
- Price change (24h): -9.2%
- Volatility index: 0.0336
- Trend: Falling
- Volume momentum: Cooling
Activity & Participation
Daily on-chain activity adds texture to the price story. The reported 24-hour total volume reaches about $1.87 million, with around 6,006 transactions in that window. On a more granular level, buy transactions slightly outpace sell transactions over the last day, and buyers slightly outnumber sellers in aggregate counts (858 vs 721). This aligns with the sentiment takeaway: sustained interest exists even as the price moves lower. The pace of new activity, while not exploding, has been steady, reflecting ongoing engagement from the Solana meme-coin community.
- Total volume (24h): ~$1.87M
- Transactions (24h): 6,006
- Buy transactions (24h): 3,510
- Sell transactions (24h): 2,496
- Buyers (24h): 858
- Sellers (24h): 721
Age & Community Context
Age is a meaningful lens for meme coins. At roughly 150 days old, the token sits in an established category, not an untested debut. The social archetype—The Phoenix—captures a narrative of renewal and resilience, which can help explain why liquidity persists even as price trends downward. The meme-energy is described as high, signaling ongoing enthusiasm and culture around the token, even if speculative dynamics dominate the short-term moves.
From an on-chain perspective, the combination of a large holder base, moderate liquidity, and a persistent buying floor (relative to selling) paints a nuanced picture: the asset is actively traded with a loyal community, but the current price environment remains cautious. This mix can lead to choppier price action when macro sentiment shifts or when liquidity conditions tighten further.
More from our network
- Choosing color palettes for digital paper made simple
- Testing and balancing broodspinners: silver border mechanics
- Cool stars and faint red signatures meet a hot sagittarian giant
- DR3 mass clues shape evolution of a distant hot star
- Exposing the dark side of crunch culture
Product Spotlight
Enhance your workspace with a touch of neon flair—perfect for aligning your digital and desk aesthetics as you track on-chain trends.
Neon Aesthetic Mouse PadAs you compare this coin to peers, remember that on-chain health—like liquidity depth, holder distribution, and ongoing activity—can influence how a trend evolves. The Phoenix narrative is compelling, but the current downward momentum means any shift in participation or liquidity could tilt outcomes. Always approach with a critical, educational mindset and monitor how these metrics evolve over time.
Risks to Watch
- Volatility and rapid shifts: even with a large community, meme coins can swing quickly with sentiment, news, or liquidity changes.
- Thin liquidity risk: moderate liquidity means a single large trade can move prices more than in deeply liquid assets.
- Impetuous hype cycles: meme-driven assets can ride social momentum that fades as quickly as it appears.
- Smart-contract and security risk: on-chain assets depend on the underlying contract's robustness and update history.
Research Tips
- Track the liquidity-to-market-cap ratio over time to gauge how easily prices can move under modest selling pressure.
- Observe changes in holder dynamics: a rising holder count often correlates with broader participation, whereas concentration can signal vulnerability to large moves.
- Watch for shifts in volume momentum and sentiment indicators to identify potential reversals or renewed interest.
- Cross-check on-chain activity with social signals and developer activity to understand if interest is sustainable or largely speculative.
In the dynamic space of Solana meme coins, the best approach is to stay curious, verify numbers, and keep learning as trends evolve on-chain. This article aims to translate raw metrics into a clearer picture without overpromising outcomes. Educational framing only.
This article is educational content based on publicly available on-chain metrics. Crypto assets are volatile and risky. Always do your own research.