Spotted an interesting data point on Solana today. There's this token called Whallah making some moves - 24-hour buy volume hit $68.7K while sells came in at $64.7K. Pretty tight spread there.



What's wild? Market cap sitting at just under $15K with zero reported liquidity. Yeah, you read that right. Classic pump.fun launch vibes - all action, no depth.

The buy-sell ratio looks almost balanced, but that MC-to-volume ratio is absolutely cooked. Over 4.5x the market cap traded in a single day with no liquidity pool backing it up.

Anyone else tracking these micro-cap Solana launches? The velocity on some of these things is genuinely nuts.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
LayoffMinervip
· 12-05 04:59
The market cap and trading volume differ so much, it's obviously inflated. Just waiting to get dumped on.
View OriginalReply0
WhaleWatchervip
· 12-05 04:58
The market cap and volume are so disproportionate; it's either a pump or a rug pull.
View OriginalReply0
RektButAlivevip
· 12-05 04:53
Oh my, these numbers are just insane. A 15k MC but 133k in daily trading… Isn’t this the textbook definition of pump and dump?
View OriginalReply0
DuskSurfervip
· 12-05 04:43
MC is only 15k and it's already this crazy? 4.5x leveraged daily trading with zero liquidity is just asking for trouble.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)