Interesting movement observed at $ROCKY on Solana today.
The 24-hour figures indicate a buying volume of nearly 39k dollars, while the selling volume is around 34k. This suggests more buying pressure.
However, the market capitalization is quite low at around 19k, and liquidity seems to be almost nonexistent - extremely risky indeed.
Such micro-cap tokens can quickly surge, but just as quickly crash again. Anyone getting involved here should be aware of the enormous volatility.
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OnchainDetective
· 4h ago
Wait, I tracked the fund flows of this address. The ratio of the 39k buy order to the 34k sell order... feels a bit deliberate.
According to on-chain data, I’ve seen this kind of micro-trading game too many times before. It’s a classic prelude to wash trading.
When the buy and sell volumes are close, it’s actually the most suspicious. It’s obvious they’re creating fake trading activity.
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QuietlyStaking
· 12-03 06:42
19k market cap with zero liquidity—one whale could crash this thing. If that's not gambling, what is?
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TideReceder
· 12-02 23:50
19k market capitalization has no Liquidity, isn't this just a casino? Let's take another look and talk later.
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rekt_but_resilient
· 12-02 23:43
This is another garbage coin with zero liquidity; buying it is just gambling.
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ruggedNotShrugged
· 12-02 23:32
The liquidity of a 19k market capitalization is almost nonexistent; such a thing can be directly pumped to the sky or slammed to the floor by a Whale.
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alpha_leaker
· 12-02 23:31
19k market capitalization? How magical is that, I really can't afford to play with a token that has almost no Liquidity.
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LiquidationWizard
· 12-02 23:29
With a market capitalization of 19k, there is no liquidity at all; how can one dare to touch it?
Interesting movement observed at $ROCKY on Solana today.
The 24-hour figures indicate a buying volume of nearly 39k dollars, while the selling volume is around 34k. This suggests more buying pressure.
However, the market capitalization is quite low at around 19k, and liquidity seems to be almost nonexistent - extremely risky indeed.
Such micro-cap tokens can quickly surge, but just as quickly crash again. Anyone getting involved here should be aware of the enormous volatility.