Spotted an interesting meme coin on Solana today - $cryptocat is showing some action.
The 24-hour numbers tell a story: buy-side volume hit around $40K while sells came in at $29K. That's a decent buy-sell ratio suggesting accumulation might be happening. Current market cap sits at roughly $50K, which puts this firmly in micro-cap territory.
What catches my attention? The volume imbalance. When buyers outpace sellers by that margin on a fresh token, it usually means early adopters are positioning. Could be nothing, could be the start of something - that's the gamble with these launches.
As always with new Solana tokens, the risk is sky-high. No liquidity data available, which is a red flag for quick exits. If you're looking at this space, only play with money you can afford to lose entirely.
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failed_dev_successful_ape
· 11-07 16:23
Shanzhai Rug can't run away
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SchrodingerWallet
· 11-05 03:51
play people for suckers and run away, slipped away.
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Ramen_Until_Rich
· 11-05 03:48
Just buy it, just buy it, All in and it's done.
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ChainWallflower
· 11-05 03:43
Lost a lot, still playing with this altcoin.
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OnchainGossiper
· 11-05 03:42
50000 market capitalization is the limit for playing around.
Spotted an interesting meme coin on Solana today - $cryptocat is showing some action.
The 24-hour numbers tell a story: buy-side volume hit around $40K while sells came in at $29K. That's a decent buy-sell ratio suggesting accumulation might be happening. Current market cap sits at roughly $50K, which puts this firmly in micro-cap territory.
What catches my attention? The volume imbalance. When buyers outpace sellers by that margin on a fresh token, it usually means early adopters are positioning. Could be nothing, could be the start of something - that's the gamble with these launches.
As always with new Solana tokens, the risk is sky-high. No liquidity data available, which is a red flag for quick exits. If you're looking at this space, only play with money you can afford to lose entirely.