Spotted something interesting on Solana – a token called $Friends just popped up on the radar.
Here's what the numbers are showing: 24-hour buy volume hit $42,385 while sells came in at $38,019. That's a decent buy-to-sell ratio actually. Market cap sitting at $16,234 right now, though liquidity shows zero which is... well, that's a red flag worth noting.
This thing launched on PUMPFUN, which has been pumping out new tokens lately. The volume spread suggests some early interest, but that liquidity situation? Yeah, proceed with extreme caution.
Anyone else tracking this or similar low-cap plays on Solana? The risk-reward here is wild – either this thing finds legs or it's a rug waiting to happen.
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MEVEye
· 12-06 22:24
Zero liquidity? Bro, this is a death trap. 99% of things coming out of PUMPFUN are rugs.
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GateUser-e87b21ee
· 12-06 22:24
Directly pass on zero liquidity, no need to even look at the data.
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CounterIndicator
· 12-06 22:21
Liquidity is 0? This is a typical rug setup. No matter how good the buy/sell ratio is, it can't save it.
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ChainWanderingPoet
· 12-06 22:08
Zero liquidity? This is just a trap. Most of the stuff that comes out of PUMPFUN is like this.
Spotted something interesting on Solana – a token called $Friends just popped up on the radar.
Here's what the numbers are showing: 24-hour buy volume hit $42,385 while sells came in at $38,019. That's a decent buy-to-sell ratio actually. Market cap sitting at $16,234 right now, though liquidity shows zero which is... well, that's a red flag worth noting.
This thing launched on PUMPFUN, which has been pumping out new tokens lately. The volume spread suggests some early interest, but that liquidity situation? Yeah, proceed with extreme caution.
Anyone else tracking this or similar low-cap plays on Solana? The risk-reward here is wild – either this thing finds legs or it's a rug waiting to happen.