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Spotted an interesting data point on a Solana-based token today - $Cojak's showing some lopsided action.
The 24-hour numbers tell a story: buy-side volume hit $26,882 while sells only reached $14,860. That's nearly 2:1 buying pressure. Current market cap sits around $57,946, though liquidity appears virtually non-existent at the moment.
Typical early-stage meme coin dynamics - strong speculative interest but zero safety net. The buy/sell ratio suggests accumulation phase, but that liquidity situation? Red flag for anyone thinking about position sizing.
This is what pump platform tokens look like in their infancy. High volatility, questionable fundamentals, pure speculation play.