Logo/imagery courtesy of on-chain metadata providers.
Market Snapshot
The Solana-based meme token shows a lively on-chain footprint that has attracted notice from traders watching momentum and participation. At roughly $0.0198 per token, the price sits in the sub-$0.02 territory, a familiar battleground for meme coins where rapid shifts in sentiment can swing value quickly. The project’s market capitalization sits near $19.8 million, placing it in the micro-to-small-cap band for Solana projects — a space where liquidity and liquidity risk tend to be more exposed to sentiment-driven swings than blue-chip tokens.
On-chain liquidity is around $625k, suggesting a moderate but not deeply deep pool to absorb sizable orders. That yields a liquidity-to-market-cap ratio of roughly 3%, a signal of relatively thin liquidity by some standards. In practical terms, larger trades could move prices more than in a higher-liquidity environment, especially during bursts of attention.
The token has an established presence with about 12,485 unique holders, pointing to a sizeable community for a project of this age. Age is listed at about 157 days, which classifies it as established rather than brand-new. The social flavor is captured in the archetype label “The Phoenix,” signaling resilience and renewal themes that some traders find attractive in volatile markets. Meme energy remains high, and sentiment skews speculative, with buyers appearing to outpace sellers in recent windows.
Momentum paints a mixed picture. Narrow timeframes show a rebound: 1-hour price changes are modestly positive, 4-hour and 12-hour windows show meaningful upticks, but the 24-hour window registers a notable pullback of about 15.6%. This kind of pattern—short bursts of strength followed by a dive—is a classic hallmark of volatile meme assets where attention can swing quickly and cleanly with social or on-chain catalysts.
Liquidity & Holders
Liquidity strength is described as moderate. With $625k in liquidity relative to a ~$19.8M market cap, there is some capacity to support trades, but traders should be mindful of potential price impact on larger orders or during sudden bursts of selling pressure. A moderate liquidity profile often coincides with heightened sensitivity to news cycles, influencer chatter, or the appearance of whale-sized moves.
Holder dynamics point to a large, active community. At over 12k holders, the token benefits from broad participation, which can help sustain trading activity during normal market conditions. However, large holder concentration or churn within this base could still influence short-term moves, particularly if a notable holder changes position or events trigger a redistribution of supply.
Momentum Signals
On-chain momentum analytics paint a nuanced picture. The volatility index sits around 0.101, consistent with a market that’s not calm but not insanely wild either. The trend direction is labeled volatile, aligning with the 24-hour price drop that followed earlier gains. Yet volume momentum is described as accelerating, and total 24-hour on-chain volume sits around $2.03 million — a sign of rising participation that can accompany a price re-acceleration if buyers maintain engagement.
From a transactional perspective, activity remains steady-to-upbeat: roughly 7,365 total transactions in the last 24 hours, with buy-side activity outpacing sells in that window. Buy transactions in the 24-hour frame number 4,477, while sells total 2,888, and the buyer/seller counts (958 buyers vs 786 sellers in 24 hours) reflect net buying interest. In short, the market shows a pulse, even if the price action over the last day has retraced from earlier highs.
Volume & Participation
The combination of rising volume and robust participation among buyers suggests more than passing curiosity. In the 4-hour and 12-hour windows, volume growth supports the idea that new and existing participants are re-engaging, possibly chasing a short-term breakout. The net buyer advantage is a nontrivial signal in a meme-coin context, where shifts in sentiment can be rapid and sharp.
All of these signals sit within an environment of speculative alignment and social momentum. The enrichment summary describes the asset as “an established Solana token with moderate liquidity and rising momentum, shimmering like a phoenix in a changing market.” In practice, this mix often attracts traders who enjoy high-reward, high-variance opportunities, while reminding others to be cautious about liquidity, timing, and potential reversals.
Why the surge and what to watch
Several factors typically contribute to a surge in a Solana meme coin’s on-chain activity. A notable uptick in buyers relative to sellers, an uptick in 4- and 12-hour gains, and a rising total volume all align with renewed attention. The Phoenix archetype and high meme energy often reflect a community-driven push that can sustain momentum for days or weeks, especially when paired with favorable social signals.
However, the last 24 hours illustrate how quickly sentiment can reverse. The substantial 24-hour dip reminds readers that price performance across short windows can be deceptive if viewed in isolation. Traders should consider liquidity depth, the potential for slippage, and the risk of rapid reversals driven by market noise, influencer activity, or structural changes in on-chain liquidity.
Risks to Watch
- Volatility and thin liquidity: Even with moderate liquidity, large trades can move prices quickly. Plan for slippage and small-position sizing if you’re testing a new strategy.
- Speculative dynamics: Meme-driven momentum can accelerate and fade fast; sentiment can shift on social media or unexpected events.
- Smart-contract risk: As with any on-chain token, there’s exposure to contract bugs, exploits, or governance changes that could affect liquidity and access.
- Market dependence: The asset’s behavior is influenced by the broader Solana ecosystem and niche meme-coin dynamics, which can be unpredictable.
Research Tips
- Track on-chain liquidity alongside price:watch how liquidity shifts in relation to price, especially during new highs or dips.
- Look at buyer/seller dynamics over multiple timeframes to gauge underlying demand versus resistance.
- Monitor volume momentum and transaction counts to gauge whether activity is broad-based or concentrated among a few participants.
- Be mindful of age and community signals: established projects can be more resilient, but hype cycles still dominate short-term moves.
More from our network
- Mastering Paper Realism with Advanced Noise Algorithms
- Draft Strategy with Sin Prodder Curve, Tempo, and Value
- Morgue Theft: Inside MTG Lore Communities Online
- Unraveling Team Flare’s Plans in Pokémon X and Y
- Tracking Meme Coin Charts: Tools, Tips, and Trends
Closing note: As with all on-chain insights, approach this information with curiosity and caution. Research responsibly, test ideas in small, controlled ways, and stay attuned to evolving on-chain trends.
Disclaimer: This article is for educational purposes only 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.