Logo/imagery courtesy of on-chain metadata providers.
Market Snapshot
A Solana-based meme token is currently trading at a fractional price in the low thousands of a cent, roughly around 0.000913 USD per unit. That price point is typical for micro-caps that rely on rapid, meme-driven cycles, where small trades can move the quote noticeably. The token’s market capitalization sits just under $1 million, placing it firmly in the micro-cap category. While micro-caps can deliver dramatic moves, they also carry outsized risk and sensitivity to shifts in attention or liquidity.
On-chain liquidity is about $77,710, which translates to a liquidity-to-market-cap ratio of roughly 8.5%. In practical terms, this indicates a moderate liquidity profile: there is a visible depth to support smaller to mid-size trades, but large orders could still move the price more than traders might expect. Traders should be mindful of slippage during bigger transactions, particularly in periods of heightened excitement or downturns.
The holder base is around 3,477 addresses, suggesting an active, engaged community without an outsized concentration at a few wallets. An active base can contribute to ongoing liquidity and trading interest, but it can also amplify volatility if a handful of holders decide to exit. This token is categorized as having a developing lifecycle, with an age of roughly 25 days on-chain. The narrative tag associated with the project is “The Phoenix,” a storytelling motif signaling resilience and potential rebounds after setbacks. Meme energy remains high, but the economic alignment is described as speculative rather than fundamental.
The latest on-chain behavior paints a picture of moderate volatility alongside steady trading activity, yet a downward price drift over the last 24 hours. Such a backdrop can occur when attention shifts or when larger players distribute into the bid-ask spectrum. Nonetheless, buyers appear to outpace sellers across multiple time windows, hinting at persistent interest despite the recent price trajectory.
Momentum Signals
Looking at the momentum picture, there is a brief, marginal uptick in the last hour (+3.5%), but a clear downtrend over longer horizons: approximately -14.9% over 4 hours, -23.8% over 12 hours, and -35.4% over 24 hours. The volatility index sits at a moderate level (0.143), suggesting meaningful price movement without extreme spikes. Volume momentum is described as steady, with 24-hour trading activity showing meaningful participation but not extreme surges. In short, the current mood leans toward a cooling phase with intermittent bursts of activity.
Liquidity, Activity & Community Dynamics
The liquidity strength is described as moderate, which pairs with an active community to support ongoing trading interest. The combination of steady volume and a rising transaction count across longer windows indicates sustained participation, even as the price trends lower. Given the token’s relatively young age in market terms, the community’s evolution—along with any changes in on-chain incentives or tokenomics—could meaningfully alter liquidity and volatility in the coming days.
Sentiment signals hint at cautious optimism. Buyers continue to outpace sellers across observed windows, but the persistent downward drift underscores a tension between demand and selling pressure. The “Phoenix” archetype aligns with stories of resilience, yet the on-chain data urges readers to monitor for shifts that could redefine momentum, liquidity flows, or holder behavior.
Risks & Considerations
- Volatility inherent to micro-caps: rapid price swings driven by meme cycles and attention shifts.
- Liquidity risk: despite a moderate liquidity profile, large orders may incur slippage and abrupt price moves.
- Potential distribution pressure: the price drift might reflect sales by larger holders or rotating market interest.
- Smart contract & ecosystem risk: as with many Solana tokens, code changes, audits, or ecosystem shifts can affect risk, supply, or accessibility.
- Speculative energy: meme coins often ride sentiment and social dynamics, which can reverse quickly and unexpectedly.
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- https://crypto-acolytes.xyz/blog/post/ai-driven-smart-contract-audits-faster-safer-smarter/
In summary, this on-chain narrative paints a picture of a developing Solana token with steady liquidity and an engaged community, perched in a downward price drift yet hinting at phoenix-like resilience. As with all meme-driven projects, the story can evolve quickly—driven by community momentum, notable events, or shifts in the broader market environment. This article aims to illuminate the data dynamics behind the scene without promising outcomes; always treat on-chain signals as pieces of a larger puzzle.
Researchers and readers are encouraged to approach such assets with curiosity and caution. Stay aware that data is a snapshot in time and that on-chain trends evolve with networks, incentives, and collective actions. This material is intended for educational purposes and does not constitute financial advice.
This article is educational content based on publicly available on-chain metrics. Crypto assets are volatile and risky. Always do your own research.