Logo/imagery courtesy of on-chain metadata providers.
Market Snapshot
The token on Solana has carved out a modest price niche with a current quote near $0.00321. While that’s well into the micro-cap territory, the asset has demonstrated persistent on-chain activity and a growing footprint in the ecosystem. Price momentum over the last 24 hours has been positive, with each shorter window reinforcing the trend: 1 hour (+3.37%), 4 hours (+8.02%), 12 hours (+19.46%), and 24 hours (+22.43%). This pattern points to a sustained, though still measured, bullish tilt rather than fleeting spikes.
Its market capitalization sits around $3.21 million, which pairs with roughly $266k in liquidity to yield a liquidity ratio of about 8%. In practical terms, this suggests liquidity is modest relative to the size of the market cap—enough to support routine trading but with less cushion for large, sudden orders. Traders should be mindful that sizable trades can move the price more noticeably than in higher-liquidity tokens.
The token’s age sits at roughly 1,969 hours (about 82 days), placing it in an established category within the Solana meme cohort rather than a brand-new hype token. A healthy holder base of 10,767 addresses indicates a broadly distributed community rather than a handful of pocketed wallets. This spread often reflects more diverse participation, but it can also mask concentration at the top if a few whales hold a sizable stake.
Liquidity & Holders
Liquidity health matters for meme coins, where a quick exit can be as important as a fast entry. With liquidity around $266k against a market cap of $3.21M, the asset’s liquidity strength is described as moderate. This balance means traders may experience reasonable liquidity during normal hours, but thinness can appear during off-peak periods or sharp price moves.
The holder base is characterized as a “large community.” In practical terms, this implies broad participation across retail users, wallets, and possibly some long-tail holders. While a larger holder base can support more stable on-chain activity, it also means that market moves may be sensitive to the actions of a few active participants during bursts of trading.
On-chain behavior aligns with the “The Whale Pond” archetype, suggesting that a portion of buying power may be concentrated among several well-funded participants. This pattern can yield rapid, momentum-driven moves if large wallets enter or exit positions. Readers should watch for shifts in large-volume transactions that coincide with price steps and liquidity changes.
Momentum Signals
Momentum indicators paint a picture of rising interest and engagement. The current trend direction is described as rising, with volume momentum labeled as accelerating. The volatility index sits around 0.08, indicating a level of price fluctuation that’s noticeable but not extreme for many Solana meme assets.
Trading activity supports the momentum narrative: total on-chain volume over the last 24 hours is about 355,009 units, with 964 transactions in that window. Notably, buyers outpaced sellers across the measured periods: 24h buyers count 226 vs 196 sellers, and net inflow from buyers exceeds sellers in the 24-hour frame. This dynamic helps explain the positive price trajectory observed recently.
Taken together, these signals describe a token with genuine on-chain engagement and upward price momentum, underpinned by a reasonably active participant base. However, the same conditions that fuel rapid gains can also magnify downside risk should demand fade or liquidity thin out during periods of high volatility.
Risks to Watch
- Volatility and speculative sentiment: The meme coin niche can experience rapid swings tied to social activity and short-term attention cycles.
- Thin liquidity: An 8% liquidity-to-market-cap ratio indicates potential price impact on sizable orders or during market stress.
- Whale-driven moves: Concentration in a few large holders can lead to sharp price moves if those wallets enter or exit positions quickly.
- Smart-contract risk: As with all on-chain assets, there is basic risk from the underlying contract’s code, including potential bugs or exploits.
- Market structure risk: Dependent on ecosystem liquidity and the broader Solana environment; shifts in network activity can influence token dynamics.
Research Tips
- Cross-check liquidity depth across the primary DEXes you expect to use and observe whether the order book depth remains stable during periods of higher volume.
- Track on-chain activity such as number of buyers vs. sellers over multiple windows to gauge sentiment shifts beyond a single snapshot.
- Monitor price momentum across multiple windows (1h, 4h, 12h, 24h) to determine whether recent gains are accelerating or fading.
- Keep an eye on the holder distribution; a sudden change in the number of active holders can signal new participation or concentration risk.
- Review the token’s age and community signals to assess whether interest aligns with on-chain fundamentals or short-term hype.
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As you explore on-chain assets in the Solana meme space, remember that responsible research matters. The trends above illustrate what today’s data can reveal, but they do not guarantee future results. Stay curious, verify the fundamentals, and watch how on-chain activity, liquidity, and sentiment evolve over time.
This article is educational content based on publicly available on-chain metrics. Crypto assets are volatile and risky. Always do your own research.