Spotted some interesting on-chain activity for $BLAPU on the Algorand network via Tinyman DEX.
Here's what the numbers are showing: - 24-hour buy volume sitting at $0 - Sell-side hitting $33 in the same period - Current liquidity pool around $1,913 - Market cap hovering near $69,688
The lack of buying pressure with minimal selling activity could indicate either early-stage price discovery or declining interest. The relatively thin liquidity means any significant moves could cause notable price swings. Worth keeping an eye on whether this Algorand-based token picks up traction or continues this quiet pattern.
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GasWaster
· 12h ago
ngl $0 buy volume on algorand? that's the most depressing thing i've seen all week, and i just paid 47 gwei on a failed tx yesterday lmao. thin liquidity + no buyers = recipe for getting absolutely rekt. honestly might as well watch paint dry on this one
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ForkTongue
· 12-04 14:58
Having zero buying volume is absurd. Are they all just waiting to dump?
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NFTFreezer
· 12-04 14:56
blapu this liquidity... I'm thinking maybe we have to wait for it to come back to life, 0 buying volume really can't hold on
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PriceOracleFairy
· 12-04 14:54
zero buys but 33 in sells? that's giving exit liquidity vibes ngl... watching this one closely for the rug pull signal
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ParanoiaKing
· 12-04 14:46
Buy volume 0? What kind of coin is this? There are more sellers than buyers... With such thin liquidity, a big order would crash the price.
Spotted some interesting on-chain activity for $BLAPU on the Algorand network via Tinyman DEX.
Here's what the numbers are showing:
- 24-hour buy volume sitting at $0
- Sell-side hitting $33 in the same period
- Current liquidity pool around $1,913
- Market cap hovering near $69,688
The lack of buying pressure with minimal selling activity could indicate either early-stage price discovery or declining interest. The relatively thin liquidity means any significant moves could cause notable price swings. Worth keeping an eye on whether this Algorand-based token picks up traction or continues this quiet pattern.