Spotted something interesting on DEXScreener today - a token called $GENM making moves on Solana's PumpFun.
Here's what the numbers are showing: • 24H buy volume sitting at $24.5K • Sell side came in around $23K • Market cap hovering near $7K • Liquidity? Basically zero right now
The buy-sell spread is pretty tight, which could mean accumulation phase or just low activity. That MC-to-volume ratio though... nearly 3.5x daily turnover is wild for something this small.
No liquidity is the red flag here. Makes you wonder if this is organic growth or just another PumpFun experiment. Either way, the data's worth keeping an eye on if you're tracking Solana microcaps.
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TrustMeBro
· 12-08 00:24
Liquidity is zero? This is a trap, bro.
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NFTDreamer
· 12-07 01:06
Dare to get in with zero liquidity? These Solana tokens are really playing with fire, the next rug pull is just waiting to happen.
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AirdropSweaterFan
· 12-07 01:06
Liquidity goes to zero? This is just a trap.
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GateUser-0717ab66
· 12-07 01:06
This thing has zero liquidity, it's obviously a trap. Stay away.
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DiamondHands
· 12-07 01:04
If liquidity drops to zero, isn't that basically a landmine? No matter how tight the spread is, it won't help.
Spotted something interesting on DEXScreener today - a token called $GENM making moves on Solana's PumpFun.
Here's what the numbers are showing:
• 24H buy volume sitting at $24.5K
• Sell side came in around $23K
• Market cap hovering near $7K
• Liquidity? Basically zero right now
The buy-sell spread is pretty tight, which could mean accumulation phase or just low activity. That MC-to-volume ratio though... nearly 3.5x daily turnover is wild for something this small.
No liquidity is the red flag here. Makes you wonder if this is organic growth or just another PumpFun experiment. Either way, the data's worth keeping an eye on if you're tracking Solana microcaps.