There are new developments on the Solana chain. A new emerging token $SANE has attracted attention on the Meteora platform. The trading data in the past 24 hours is quite interesting — buy-side transaction volume is $1,289, and sell-side transaction volume is $2,644, clearly indicating higher selling pressure than buying pressure. The liquidity pool is still decent, with around $20,000 in liquidity support, and the overall market cap is in the range of over $50,000. For a new coin of this size, an imbalance in buy and sell ratios often reflects changes in market sentiment. Traders who focus on early Solana ecosystem tokens usually pay attention to such trading discrepancies — they can reveal the short-term mindset of market participants.
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PanicSeller
· 01-19 17:32
The selling pressure is so high, someone is fleeing, be careful.
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TopEscapeArtist
· 01-19 17:28
The sell orders are twice as many as the buy orders? That's the classic signal of a market dump, and the MACD is about to form a death cross.
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ILCollector
· 01-19 17:13
Selling pressure is so high, smart people are all running away.
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The SANE project is too small, with only 20,000 in liquidity, it can't hold up at all.
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Buy/Sell ratio of 2:1, definitely a signal to sell, I think it's suspicious.
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Another new Solana coin, same old tricks, wake up brothers.
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Things with a market cap of 50,000, what's so interesting about them? Let's talk later.
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Most of these coins on Meteora are just here to cut leeks, don't touch them next time.
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Double the sell orders and buy orders, isn't this just a game of抢跑?
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Liquidity support sounds good, but in reality, it's just a honey pot.
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Early-stage coins are all like this: when they rise, you regret not buying; when they fall, you regret buying.
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Looking at the mentality? My mentality is to not touch them.
There are new developments on the Solana chain. A new emerging token $SANE has attracted attention on the Meteora platform. The trading data in the past 24 hours is quite interesting — buy-side transaction volume is $1,289, and sell-side transaction volume is $2,644, clearly indicating higher selling pressure than buying pressure. The liquidity pool is still decent, with around $20,000 in liquidity support, and the overall market cap is in the range of over $50,000. For a new coin of this size, an imbalance in buy and sell ratios often reflects changes in market sentiment. Traders who focus on early Solana ecosystem tokens usually pay attention to such trading discrepancies — they can reveal the short-term mindset of market participants.