Interesting movement seen today at $LUNA on Solana. The 24-hour volume looks quite active – purchases are around 60K Dollar, sales are about 53K. So there is slightly more buying pressure than sales, which is not bad.
However... the liquidity shows zero. Completely dry. With a market capitalization of just under 29K, this is definitely a warning sign. Such setups can become extremely volatile, as even smaller trades could massively move the price.
The project runs on PumpFun, so presumably it's a newer meme token or community launch. Anyone getting involved should be aware: Without liquidity, it can go up quickly – but just as quickly crash. Classic high-risk scenario on the Solana chain.
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NFTArtisanHQ
· 22h ago
zero liquidity tho... that's where the aesthetics of pump mechanics collide with brutal tokenomics reality. reminds me of how duchamp deconstructed the readymade—except here the readymade is literally evaporating mid-transaction
Reply0
AirdropFreedom
· 12-01 19:27
Zero liquidity? This thing is just a landmine, haha.
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bridge_anxiety
· 12-01 19:24
Liquidity is 0? This is purely a landmine, no amount of buying pressure will help.
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BankruptWorker
· 12-01 19:23
Liquidity is 0? This is ridiculous, isn't this just a minefield? Haha
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SchrodingerWallet
· 12-01 19:21
Liquidity is zero? This is definitely a landmine, buying at 60K looks great, but it can trap you in a moment.
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HashBard
· 12-01 19:18
zero liquidity is basically asking for a rug pull tragedy... the buy/sell ratio's cute but that's like admiring the paint job on a house with no foundation, ngl
Interesting movement seen today at $LUNA on Solana. The 24-hour volume looks quite active – purchases are around 60K Dollar, sales are about 53K. So there is slightly more buying pressure than sales, which is not bad.
However... the liquidity shows zero. Completely dry. With a market capitalization of just under 29K, this is definitely a warning sign. Such setups can become extremely volatile, as even smaller trades could massively move the price.
The project runs on PumpFun, so presumably it's a newer meme token or community launch. Anyone getting involved should be aware: Without liquidity, it can go up quickly – but just as quickly crash. Classic high-risk scenario on the Solana chain.