A interesting meme token named $PENIS is currently appearing on the Solana network and is being traded on the PumpFun platform. The 24-hour figures show a purchase volume of around $41,877, while the sales volume is about $35,595 – indicating a slight buying pressure.

What is noticeable, however, is that the liquidity is currently at zero dollars, which poses a significant risk for traders. The market capitalization is around $24,500, still in the micro-cap segment.

Such tokens in the early phase can be extremely volatile. While the trading volume shows activity, without meaningful liquidity, any large transaction will significantly influence the price movement. It may be interesting for high-risk appetite speculators, but for everyone else, it’s more of a warning sign.