Interesting movement spotted on $USDUP trading via Raydium on Solana. The 24-hour volume tells a story - buyers pushed through $52,893 while sellers clocked in at $52,666. Nearly balanced, but that slight buy pressure stands out.
Liquidity sits at $25,642 with market cap hovering around $61,978. Not exactly deep liquidity, but the numbers show active interest. Volume-to-liquidity ratio suggests decent turnover for a token at this stage.
Raydium continues to be the go-to DEX for Solana projects making their initial splash. Worth monitoring how this develops over the next few sessions.
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GasFeeBarbecue
· 12-11 12:56
The buy-sell spread is only 227 bucks. This liquidity thing really is somewhat interesting.
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EyeOfTheTokenStorm
· 12-10 21:38
It's another micro-position on Raydium, with buy and sell pressures so balanced... What does this indicate? Is it a bottom formation or a false breakout before distribution? My quantitative model can't draw a conclusion, but with such shallow liquidity, I really don't dare to get in.
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Fren_Not_Food
· 12-10 21:34
Nah Sol ecosystem's liquidity is really shallow.
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CryptoCross-TalkClub
· 12-10 21:21
Laughing out loud, $USDUP has such shallow liquidity that it can barely pass through, and the buying and selling pressure is still face-to-face with each other. This is what the crypto world calls "evenly matched."
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ruggedSoBadLMAO
· 12-10 21:20
Such a small buy-sell spread? It feels like someone is playing psychological games.
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GasDevourer
· 12-10 21:09
A spread of only 227 dollars and you're trying to tell a story? This liquidity is just way too shallow.
Interesting movement spotted on $USDUP trading via Raydium on Solana. The 24-hour volume tells a story - buyers pushed through $52,893 while sellers clocked in at $52,666. Nearly balanced, but that slight buy pressure stands out.
Liquidity sits at $25,642 with market cap hovering around $61,978. Not exactly deep liquidity, but the numbers show active interest. Volume-to-liquidity ratio suggests decent turnover for a token at this stage.
Raydium continues to be the go-to DEX for Solana projects making their initial splash. Worth monitoring how this develops over the next few sessions.