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Spotted some interesting on-chain activity for a Solana-based token trading on PumpSwap. Here's what the numbers show:
24-hour buy volume sits at around $2.3K, while sell pressure pushed through $3.6K. The liquidity pool holds roughly $20.7K, and current market cap hovers near $44K.
The sell-to-buy ratio suggests some profit-taking or position adjustments happening. Liquidity depth remains relatively thin compared to the trading volume, which could mean higher volatility potential.
Anyone else tracking similar low-cap tokens on Solana DEXs? The risk-reward dynamics on these early-stage plays can shift fast.