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Spotted some interesting movement on a Solana memecoin called $Diddy trading on Pumpfun.
Here's what the 24-hour numbers look like:
• Buy volume sitting at $51.4K
• Sell volume at $46.5K
• Current market cap: $18.5K
• Liquidity: literally zero
That liquidity situation is a massive red flag though. Zero liquidity means you're basically playing with fire – even if you wanted to exit, there might not be enough depth to actually sell.
The buy-to-sell ratio looks slightly bullish on paper, but without proper liquidity backing it up, these numbers don't mean much. Classic low-cap Solana memecoin setup where things can go south real quick.
Anyone tracking this token should probably wait for some actual liquidity to flow in before making moves. Right now it's pure speculation territory.