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Spotted some interesting activity on a Solana meme token today. $OWO on PumpFun is showing asymmetric volume patterns worth noting.
The 24-hour breakdown: buy-side volume hit $4,010 while sells only reached $2,224. That's nearly 2:1 buy pressure. Market cap sitting at $7,936 currently, though liquidity shows zero which is... well, that's the PumpFun model for you.
Not financial advice obviously, but these early-stage Solana plays can move fast when volume tilts this heavily to one side. The lack of locked liquidity means extreme volatility both ways.
Anyone else tracking this one or similar setups on the Solana ecosystem lately?