Logo/imagery courtesy of on-chain metadata providers.
Market Snapshot
The token under discussion sits at a current price of approximately $0.0847 per unit. With a market capitalization around $84.6 million, it sits in the meme-token space as a mid-sized cap by Solana standards—substantial enough to attract attention but not immune to broad market shifts. On-chain liquidity stands at roughly $2.26 million, which (in context) suggests a moderate depth that can handle typical memecoin trading without extreme slippage for moderate orders. The overall liquidity health aligns with a "moderate" designation, rather than a flush, deeply liquid book.
The holder base is notable in size, with around 49,650 addresses holding the token. The community is described as large, and the token’s social archetype is likened to a “Whale Pond,” a phrase that hints at meaningful, active participation from larger holders alongside broad retail interest. The age signal points to an established presence—roughly 196 days since creation—placing it in the established bucket rather than a fresh launch.
Momentum, as captured by price percent changes over multiple windows, shows a consistent downward tilt: 1h and 4h changes are mildly negative, while a more pronounced drop appears over 12h. The 24h window also trends negative, though the magnitude remains modest. In tandem, on-chain activity remains robust: total trading volume ramps from tens of thousands over the last hour to multi-million levels across 12 and 24 hours, indicating sustained interest and participant turnover.
Liquidity & Holders
A useful quick metric is the liquidity-to-market-cap ratio, which here sits around 2.7%. That points to a level of liquidity that is not negligible but not ample enough to guarantee frictionless large trades without price impact. In practice, this means small-to-moderate orders may execute with reasonable price stability, while unusually large orders could insert noticeable slippage.
The holder dynamic remains a strong feature: nearly 50k holders indicate a broad base of investors and community participants. The combination of a “large community” and steady on-chain activity supports a resilient trading atmosphere, even as the price trend drifts lower. The market behavior summary characterizes current conditions as "downward momentum with strong trading activity and healthy liquidity," suggesting selling pressure alongside active participation rather than dormant inactivity.
Momentum Signals
Reading the momentum signals together gives a nuanced view. The token shows a general tendency toward negative price movement over 12 hours and 24 hours, with a slight, near-flat move in the last hour. The volatility index is relatively modest, implying controlled fluctuations rather than explosive swings. The volume momentum is described as steady, with total volume climbing as time progresses, which can reflect ongoing interest from both buyers and sellers.
The sentiment snapshot notes that buyers have outpaced sellers over the last day, yet the price trajectory remains downbeat. This combination can appear as cautious optimism—participants are willing to trade, but the prevailing price direction signals sellers currently hold the upper hand in price discovery. In practical terms, this dynamic can shift quickly if new catalysts emerge or if liquidity deepens.
Risks to Watch
- Volatility and hype risk: meme coins can swing on sentiment and attention cycles, which may amplify both gains and losses.
- Thin liquidity risk: while liquidity is moderate, selling large stakes could move the price against you more than in a deeply liquid asset.
- Whale influence: the presence of large holders can lead to sudden shifts in supply dynamics, especially in tokenized ecosystems with concentrated ownership.
- Smart-contract risk: as with any on-chain asset, vulnerabilities, exploits, or bugs in the token’s smart contracts could impact liquidity or access.
- Market and macro risk: broader Solana ecosystem conditions, protocol updates, or regulatory developments can affect meme tokens broadly.
Research Tips
- Track daily on-chain activity: watch volume trends, number of transactions, and the balance between buy vs. sell transactions.
- Monitor holder dynamics: shifts in unique addresses, newly opened wallets, and changes in active holders can signal evolving participation.
- Assess liquidity depth: observe how liquidity responds to modest vs. larger trades and look for changes in the liquidity-to-market-cap ratio over time.
- Consider momentum context: combine price changes across multiple windows to identify whether a dip is a brief pullback or part of a longer trend.
- Follow credible channels and on-chain signals: corroborate on-chain data with community updates and official communications to stay informed.
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In short, this Solana-based meme token demonstrates a robust, established on-chain footprint with meaningful liquidity and a large, engaged community. The current downward momentum in price is tempered by ongoing trading activity and a sizeable holder base, suggesting a market where activity persists even as price moves lower. As with all meme assets, the story can evolve quickly with new signals from on-chain data, social dynamics, and ecosystem developments.
This article is for educational purposes and uses publicly available on-chain metrics to describe observable dynamics. It does not constitute investment advice, and readers should conduct their own research before engaging with any asset.
This article is educational content based on publicly available on-chain metrics. Crypto assets are volatile and risky. Always do your own research.