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Spotted an interesting meme token making waves on Solana DEX - $RarePepe showing some unusual activity.
Here's what the numbers look like:
• 24h buy volume sitting at $34,102
• Sell side at $25,243
• Current market cap around $39,252
• Liquidity appears extremely thin at near-zero levels
That liquidity situation is definitely a red flag worth noting. The buy-to-sell ratio suggests accumulation, but with virtually no liquidity backing it, this one's walking a tightrope.
Anyone else tracking this? The volume disparity is intriguing but those fundamentals need serious improvement before this becomes anything beyond pure speculation territory.