Spotted an interesting token on Solana's PumpFun platform - $POM is showing some activity worth noting.
Over the past day, buy-side volume hit $64,591 while sells came in at $60,256. That's a pretty tight spread. Market cap sits at $16,112, though liquidity is currently at zero which is something to keep an eye on.
The buying pressure slightly outweighs selling. Not financial advice obviously, but these numbers paint a picture. Anyone else tracking this one?
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
22 Likes
Reward
22
4
Repost
Share
Comment
0/400
MemeKingNFT
· 12-11 05:26
Zero liquidity and still dare to say there's strong buying pressure? This is exactly the deja vu I experienced when I got liquidated last time on PumpFun. Stay cautious, everyone.
View OriginalReply0
JustHodlIt
· 12-11 05:26
Liquidity is zero? How do you play this? It's easy to get slammed.
View OriginalReply0
HashRateHermit
· 12-11 05:20
Liquidity is zero? How is that possible? Something doesn't seem right.
View OriginalReply0
YieldHunter
· 12-11 05:01
zero liquidity on a $16k mcap? nah, that's literally a liquidity trap waiting to happen. if you look at the data, those buy/sell ratios mean nothing without actual depth. technically speaking, you're looking at a potential rugpull setup—degens gonna degen but the math doesn't check out here, fr.
Spotted an interesting token on Solana's PumpFun platform - $POM is showing some activity worth noting.
Over the past day, buy-side volume hit $64,591 while sells came in at $60,256. That's a pretty tight spread. Market cap sits at $16,112, though liquidity is currently at zero which is something to keep an eye on.
The buying pressure slightly outweighs selling. Not financial advice obviously, but these numbers paint a picture. Anyone else tracking this one?