Logo/imagery courtesy of on-chain metadata providers.
Market Snapshot
Within the Solana ecosystem, the micro-cap meme coin partnered with a visible on-chain footprint and a story-driven community. The token trades around $0.00243 per unit, a familiar scale for meme assets that aim to attract retail attention rather than institutional capital. Its market capitalization sits near $2.43 million, placing it in the small-cap tier where liquidity and price discovery can move rapidly on news, social momentum, or notable on-chain activity.
Liquidity in USD sits at roughly $171,076, a figure that, relative to the market cap, hints at a lean depth. A quick look at a liquidity-to-market-cap ratio yields about 7%, which suggests that while there is some depth for routine trades, large orders could swing prices more easily than in higher-liquidity venues. On-chain signals label the liquidity as moderate, consistent with many established micro-caps that balance activity with risk of greater price slippage during spikes.
Holder count is around 8,979, indicating a modest but engaged community. The token is described as established (age around 2,357 hours, or roughly 98 days), meaning it has moved beyond the initial launch phase but remains accessible to new participants. The social archetype attached to this coin is “The Phoenix,” a narrative of rebirth and resilience that often resonates in degen markets chasing short-term momentum.
Momentum Signals
Price changes over different windows reveal a mixed, somewhat volatile texture:
- 1 hour: +0.07% — a tiny uptick, possibly driven by brief order-book activity or fleeting interest.
- 4 hours: -0.09% — a brief pullback, hinting at consolidation or a quick rotation in traders’ attention.
- 12 hours: -0.24% — a modest dip, consistent with a volatile environment where speculative trades can flip quickly.
- 24 hours: +0.09% — a marginal recovery that suggests cautious, short-term buyers outnumbering sellers.
The volatility index sits at 0.135 and the overall trend direction is labeled volatile. Volume momentum is described as steady, with total 24-hour trading volume around $917k and more than 3,800 transactions in the same period. Put together, these metrics paint a picture of active participation without a single, sustained directional thrust. In practice, that means price swings can occur as traders react to social chatter, on-chain signals, or rotating capital between meme assets.
Looking at on-chain participation, 24-hour buy transactions outpace sells ever so slightly (about 1,957 vs 1,909 across the full day). Buyers and sellers alike contributed to a lively market, with a net tilt toward buyers in the last 24 hours, suggesting a modest mood of cautious optimism rather than outright panic or euphoria.
Liquidity & Holders
With moderate liquidity strength and an active community, liquidity depth appears capable of supporting regular trades, but traders should remain mindful of potential slippage during bursts of demand. The holder base, while not large, remains engaged enough to support ongoing trading activity, which is common for projects that balance novelty with a solid on-chain footprint.
The age of the token reinforces its established status in the Solana meme-coin space, suggesting it has passed the early launch turbulence and gained a footprint that attracts recurring participants. The alignment between “The Phoenix” energy and “high” meme energy reflects a cultural motif: investors may seek a narrative-driven asset that both participates in chains’ daily chatter and demonstrates liquidity resilience in the near term.
Momentum Context: What Might Be Driving Moves
In micro-cap meme ecosystems, price action often reflects a mix of on-chain liquidity, social momentum, and trader rotation. The present mix—steady volume with volatile price signals—can be driven by several near-term factors:
- Liquidity depth: With a lean liquidity pool, even modest trades or a handful of large transactions can move price more than in higher-cap assets.
- Attention cycles: Meme coins can experience bursts of interest tied to social chatter, influencer mentions, or local marketing efforts.
- Whales and retail dynamics: The distribution between buyers and sellers suggests ongoing, but cautious, participation, where a few larger holders can influence short-term moves.
The on-chain narrative is that this token bridges a stable, active liquidity profile with a storytelling arc that keeps traders curious. Its “Phoenix” archetype and high meme energy indicate a readiness to rebound from modest dips, albeit with the ever-present risk of volatility intrinsic to micro-cap assets.
Risks to Watch
- Volatility: Short-term price swings can be sharp in micro-caps, especially when liquidity is moderate and momentum signals are mixed.
- Thin liquidity risk: While liquidity is present, large trades can incur notable slippage and price impact.
- Synthetic hype: Social-driven moves can produce rapid, unsustainable spikes that aren’t backed by fundamentals or broader adoption.
- Smart-contract risk: As with many meme projects, vulnerabilities or issues in the funding, minting, or liquidity mechanisms could affect returns or access.
Research Tips
- Track liquidity depth relative to market activity: watch how the liquidity pool responds to intraday volume surges.
- Follow on-chain activity: net buyer vs. seller momentum, transaction counts, and the frequency of active addresses can hint at the strength of participation.
- Consider the age and community signals: an established base plus ongoing engagement can support more stable trading windows, even amid volatility.
- Monitor cross-chain chatter and meme energy: social sentiment can amplify short-term moves, particularly in Solana’s vibrant meme-coin scene.
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Neon Gaming Mouse Pad Rectangle 1/16 Inch Thick Rubber BaseAs you navigate these on-chain narratives, remember that responsible research matters. The landscape is dynamic, with trends evolving as new activity unfolds on Solana’s chain.
This article is educational content based on publicly available on-chain metrics. Crypto assets are volatile and risky. Always do your own research.