A new Token on Solana has just been discovered on DEXScreener - $TYGO via pumpfun.
The 24-hour numbers look interesting: the buy volume is around 21.7k$, while the sell volume has only reached 14.2k$. The ratio indicates more buyers than sellers.
However, there is a catch here: The liquidity is currently at $0, while the market capitalization is already over $30k. In such situations, caution is definitely warranted - without proper liquidity, it can quickly become risky.
Typical pump pattern indeed. Anyone looking at this should be aware of the risks.
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NFTArtisanHQ
· 12-01 16:56
one might argue that the zero liquidity amid 30k marketcap is less a technical oversight and more a deconstructionist statement on value itself... but fr, this is just pumpfun theater masquerading as tokenomics. the buy/sell ratio feels like watching a performance where the audience hasn't realized the curtain never went up.
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SchrodingerWallet
· 12-01 16:55
Liquidity 0? How can we trade this, it's just a number on paper.
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governance_ghost
· 12-01 16:54
Liquidity is 0? Is it still worth touching this? It's a rug pull rhythm.
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ser_ngmi
· 12-01 16:54
Liquidity is 0? This is a sign of a rug pull, what's the use of having a large buying volume?
A new Token on Solana has just been discovered on DEXScreener - $TYGO via pumpfun.
The 24-hour numbers look interesting: the buy volume is around 21.7k$, while the sell volume has only reached 14.2k$. The ratio indicates more buyers than sellers.
However, there is a catch here: The liquidity is currently at $0, while the market capitalization is already over $30k. In such situations, caution is definitely warranted - without proper liquidity, it can quickly become risky.
Typical pump pattern indeed. Anyone looking at this should be aware of the risks.