Just spotted a fresh token alert on Linea—meet $REX, now live on PancakeSwap.
Here's what the on-chain metrics are telling us: • 24H Volume: Buy side showing zero activity, while sell volume hit $12 • Liquidity Pool: $16,928 (fairly tight, worth monitoring) • Market Cap: $2.3M
The sell pressure without corresponding buy volume is something to keep an eye on. Could indicate early stage distribution, or simply low trading pairs attention. Liquidity-to-MC ratio suggests this is still forming.
If you're tracking emerging projects on Linea, this one's worth checking the chart for price action patterns.
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Wetik
· 12-18 07:04
Hold tight 💪
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Wetik
· 12-18 07:04
Hold tight 💪
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GrayscaleArbitrageur
· 12-15 02:16
Buying volume explodes to zero, selling volume $12? What kind of thing is this...
View OriginalReply0
FreeMinter
· 12-14 18:35
Buying volume zero? Isn't that GG? With such heavy selling pressure, who dares to take the bait?
View OriginalReply0
gaslight_gasfeez
· 12-13 05:09
Selling volume $12, buying volume zero? How does this work... Feels like another trend heading to zero.
View OriginalReply0
zkProofGremlin
· 12-13 05:09
With such strong selling pressure but zero buy volume, isn't this a typical dump rhythm? Passed.
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ShadowStaker
· 12-13 05:04
$12 in sells, zero buys... yeah that's not a forming market, that's a corpse. liquidity-to-mc ratio screaming "check the validator set before you touch this"
Reply0
FadCatcher
· 12-13 04:59
Buying with zero transactions? How does that work? Just sell and no one will buy, right?
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StakeOrRegret
· 12-13 04:55
Buy orders are zero, sell orders $12? How can this work... The liquidity pool is less than 20,000, feels like this game hasn't even started yet.
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ponzi_poet
· 12-13 04:46
Zero user acquisition? Isn't that just a dead-end situation? Early distribution can't change the selling pressure either.
Just spotted a fresh token alert on Linea—meet $REX, now live on PancakeSwap.
Here's what the on-chain metrics are telling us:
• 24H Volume: Buy side showing zero activity, while sell volume hit $12
• Liquidity Pool: $16,928 (fairly tight, worth monitoring)
• Market Cap: $2.3M
The sell pressure without corresponding buy volume is something to keep an eye on. Could indicate early stage distribution, or simply low trading pairs attention. Liquidity-to-MC ratio suggests this is still forming.
If you're tracking emerging projects on Linea, this one's worth checking the chart for price action patterns.