Something interesting is happening on Meteora with $CHUNK on Solana. The numbers from the last day look good: buying volume at nearly 49K Dollar, selling side a bit weaker at around 38K.
Liquidity is around 37,000 Dollar – not huge, but okay for a smaller token. Market Cap is around 206K. What stands out: The buying volume currently exceeds the sales by about 10K, which could indicate growing interest.
With such numbers, caution is of course advised. Low liquidity means higher volatility, and the market cap is still in its early stages. Anyone dealing with this should factor in the risk and only work with amounts that they can afford to lose.
Solana DEXs like Meteora have their peculiarities – fast transactions, but also rapid movements in both directions.
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BearMarketSurvivor
· 18h ago
The liquidity is so shallow that a difference of 10k in buying and selling can lead to dumping. This is testing my stop loss discipline.
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BrokeBeans
· 18h ago
The buy-sell difference is 10k, can this wave To da moon?
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SelfMadeRuggee
· 18h ago
37k liquidity is not to be touched, a single whale can crash such a small cap.
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WenMoon42
· 18h ago
Liquidity 37k? You have to be very careful, a large order can pump it up.
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TopBuyerForever
· 18h ago
The liquidity is so small that even a small purchase causes slippage that can be deadly.
Something interesting is happening on Meteora with $CHUNK on Solana. The numbers from the last day look good: buying volume at nearly 49K Dollar, selling side a bit weaker at around 38K.
Liquidity is around 37,000 Dollar – not huge, but okay for a smaller token. Market Cap is around 206K. What stands out: The buying volume currently exceeds the sales by about 10K, which could indicate growing interest.
With such numbers, caution is of course advised. Low liquidity means higher volatility, and the market cap is still in its early stages. Anyone dealing with this should factor in the risk and only work with amounts that they can afford to lose.
Solana DEXs like Meteora have their peculiarities – fast transactions, but also rapid movements in both directions.