Just spotted $DEGENVERSE making waves on Solana DEX. Here's what caught my attention:
The numbers are interesting. 24-hour buy volume hit $133K while sell volume stayed around $131K – pretty balanced action. Liquidity sitting at $23.3K with a market cap of $57.2K puts this early in the discovery phase.
Contract address for those curious: HaXqgjM94u6dMRn2z67hEFna1vRKSoMgK2jVdfGLpump
Obviously micro-cap territory here, so standard DYOR applies. The volume-to-liquidity ratio seems tight, which means execution matters. Worth adding to your watchlist if you're hunting fresh Solana tokens?
Anyone else tracking this one?
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TokenTaxonomist
· 01-06 04:37
nah the vol-to-liq ratio here is taxonomically concerning... that 5.7x spread screams execution nightmare tbh. lemme pull up my spreadsheet real quick but statistically speaking this belongs in the "evolutionary dead-end" folder, not watchlists
Reply0
consensus_whisperer
· 01-03 09:28
This liquidity is a bit shaky, with 23K against a 57K order book... feels like a single large order could push the price up.
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FromMinerToFarmer
· 01-03 07:44
The trading volume is almost equal, and this kind of balance itself is quite strange...
View OriginalReply0
0xInsomnia
· 01-03 07:40
23k liquidity is really quite impressive... Honestly, this kind of ratio can easily cause slippage to the point of losing money.
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SwapWhisperer
· 01-03 07:36
Trading volume is basically flat, and liquidity is so tight... It's easy to get slippage with this kind of market.
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AlphaWhisperer
· 01-03 07:35
The trading volume is so close... Is this a scam?
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MevHunter
· 01-03 07:35
23k liquidity, the slippage must be pretty exaggerated...
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FlatTax
· 01-03 07:34
Liquidity is only 23k; a single whale can wipe out this kind of market... Doesn't seem very promising.
Just spotted $DEGENVERSE making waves on Solana DEX. Here's what caught my attention:
The numbers are interesting. 24-hour buy volume hit $133K while sell volume stayed around $131K – pretty balanced action. Liquidity sitting at $23.3K with a market cap of $57.2K puts this early in the discovery phase.
Contract address for those curious: HaXqgjM94u6dMRn2z67hEFna1vRKSoMgK2jVdfGLpump
Obviously micro-cap territory here, so standard DYOR applies. The volume-to-liquidity ratio seems tight, which means execution matters. Worth adding to your watchlist if you're hunting fresh Solana tokens?
Anyone else tracking this one?