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Spotted something interesting on a Solana DEX today - a token called $ELLIE just popped up on Meteora.
The numbers are pretty wild: 24-hour buy volume sitting at $1 with literally zero sell volume. Liquidity pool has $588 locked, while the market cap somehow reached $677,398.
Classic micro-cap setup with extreme low liquidity. These early-stage metrics usually mean one of two things - either someone's testing the waters or it's about to get interesting. The buy-sell imbalance is notable though.
Anyone else tracking this one?