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Spotted some interesting on-chain activity for $Franpepe on Solana's Pump.fun platform. Worth keeping an eye on this one.
Contract available for those tracking: 6UoWKUCEtMkpHL8CRSHVrEfHMpy8wd1Z3gJVhVLMpump
Here's what the 24-hour numbers look like:
• Buy volume sitting at $8.8K
• Sell pressure around $5.1K
• Liquidity currently at zero (yeah, you read that right)
• Market cap hovering near $13.7K
The buy-to-sell ratio looks decent at roughly 1.7:1, but that liquidity situation is definitely a red flag. Classic early-stage meme coin dynamics on Solana. High risk territory for sure.
Anyone else watching this token? Curious what the community thinks about jumping in at this stage.