Logo/imagery courtesy of on-chain metadata providers.
Market Snapshot
The Solana-based meme token identified by its ticker shows a price of $0.3129 with a market capitalization around $312.66M. In plain terms, these figures place the project in the mid-to-upper range for meme tokens by market value, but not among the largest Solana projects overall. On the liquidity front, the on-chain pool reports about $1.32M in liquidity, which translates to a liquidity strength described as thin when viewed against the current market cap. In percent terms, the liquidity relative to market cap sits around 0.42%, underscoring that even modest trades can move prices more than in deeper, more liquid markets.
Age and community context matter here. The token is roughly 170 days old and categorized as “established.” With a holder base of about 37,273, it shows a fairly sizable following for a niche Solana meme asset. The volatility index sits at 0.034, signaling a market that experiences noticeable price swings without extreme turbulence on a daily basis. The momentum storyline is described as volatile, with volume momentum labeled as accelerating.
From a price-movement perspective, the token has shown mixed signals across windows: 1h −0.91%, 4h +2.54%, 12h +0.27%, and 24h −6.70%. In other words, a short-term dip can be followed by brief recoveries, while the longer arc over the day remains negative in net terms. Such patterns can reflect a tug-of-war between speculative interest, profit-taking, and new entrants testing liquidity pockets.
Liquidity & Holders
Thin liquidity, as noted, means that the spread between buy and sell orders can widen quickly with relatively small trades. This condition often coincides with outsized price moves in meme assets, especially when attention spikes or social sentiment shifts suddenly. The token’s holder base is described as a large community, which can provide a measured level of basic support, but also amplifies chatter and hype cycles that feed volatility. The combination of large holders and thin liquidity can lead to scenarios where a few sizable trades or whispers in social channels swing the price more than in a heavily funded, liquid market.
Activity on-chain reveals intriguing participation metrics: 24-hour trading volume comes in around $25.2M, with about 25,712 on-chain transactions in that period. Looking at buy vs. sell behavior, there were roughly 12,333 buy-related transactions and 13,379 sell-related transactions, while the number of unique buyers (1,168) slightly edges out unique sellers (1,156) in the 24-hour window. This mix suggests an environment where traders alternately accumulate and distribute, with sentiment shifting even as the price iterates downward over the day. It’s a lively drumbeat, but one that warrants careful note of liquidity depth before placing meaningful orders.
Momentum Signals
Momentum readings paint a picture of ongoing activity rather than a clear, sustained trend. The volume momentum is described as accelerating, which typically signals rising participation—an important precursor to potential new price discovery. Yet the price trend remains volatile, and the 24-hour change underscores a net decline. For readers tracking on-chain metrics, this combination often means attention cycles are intensifying even if price direction isn’t firmly upward. In practice, traders might see sharper intraday swings as new money enters and exits the liquidity pool.
Take note of the social and archetypal framing around this token. The ecosystem is associated with “The Trickster” archetype and has a moderate meme energy, which aligns with a culture of playful speculation. While this can attract new entrants, it also reinforces the importance of scrutinizing on-chain signals rather than reacting purely to social hype.
Risks to Watch
- Volatility: Elevated price swings can occur with moderate volumes due to thin liquidity.
- Liquidity risk: The relatively small liquidity pool means large orders can move prices quickly and potentially slippage.
- Speculative hype: Meme-oriented narratives can drive rapid inflows and outflows, sometimes decoupled from fundamentals.
- Smart-contract risk: Like all on-chain tokens, vulnerabilities could exist in the token’s smart contract or related infrastructure.
Research Tips
- Cross-check on-chain metrics across multiple timeframes to gauge whether volume growth is sustained or a temporary spike.
- Monitor liquidity depth and recent price impact estimates (e.g., how a hypothetical $X trade would affect price).
- Track holder distribution: a growing but still concentrated base can imply outsized moves if a few wallets transact heavily.
- Observe the buy/sell dynamics and transaction counts to understand whether participation is broad-based or driven by a few actors.
- Keep an eye on market sentiment signals and social chatter, but anchor decisions in objective on-chain data rather than hype alone.
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Closing Thoughts
As with any Solana meme asset, staying curious and cautious is key. On-chain signals can evolve quickly, and market dynamics often shift as new participants enter or exit. Use this data as a compass, not a map, and remember that volatility and liquidity conditions can change rapidly in meme-driven markets.
This article is educational content based on publicly available on-chain metrics. Crypto assets are volatile and risky. Always do your own research.
This article is educational content based on publicly available on-chain metrics. Crypto assets are volatile and risky. Always do your own research.