Just caught a Solana ecosystem token project on a certain DEX platform: $SOLBISCUIT, which has gained quite a bit of attention.
Key data overview:
24-hour buy volume reaches $24,429, sell volume is $24,564, indicating that market participation is relatively balanced. The liquidity pool size is around $22,217, with a total market cap of approximately $52,019.
These indicators reflect the early market activity of the project. Interested parties can check out the chart data themselves and compare the trading counterparties. New projects on the Solana chain carry both risks and opportunities, so it's important to do more research and think carefully before making decisions.
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BrokenRugs
· 2h ago
SOLBISCUIT? Sounds like a snack brand haha, but the data looks okay, with buy and sell orders basically balanced.
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SatsStacking
· 9h ago
solbiscuit? Just by the name, it sounds like a meme coin. With a liquidity of just over 20,000, do you really dare to touch it?
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SelfStaking
· 01-04 11:00
Another small coin on SOL... with such low liquidity, be careful of slippage.
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DefiPlaybook
· 01-04 10:54
Buy and sell orders are basically balanced, but the liquidity pool is only 22K. Such a scale requires caution.
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A project with a $52K market cap, do you really dare to list it? I can't see anything particularly special about it.
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According to on-chain data, the buy-sell ratio is almost 1:1. Such a balanced state usually doesn't last long.
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New tokens in the Solana ecosystem, eight out of ten end up like this. Don't you have a clear idea in your mind?
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With such small liquidity, slippage must be terrifying. Just a casual buy or sell of 300,000 to 500,000 can cause a dump.
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It looks like a standard early-stage project template, but it lacks a compelling narrative to convince me.
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Risks and opportunities coexist? Honestly, for this type of project, the risk often accounts for 99%.
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Degen4Breakfast
· 01-04 10:45
solbiscuit? Sounds like some kind of cookie coin again, this name just gives off a vibe of being a bit too good to be true.
Just caught a Solana ecosystem token project on a certain DEX platform: $SOLBISCUIT, which has gained quite a bit of attention.
Key data overview:
24-hour buy volume reaches $24,429, sell volume is $24,564, indicating that market participation is relatively balanced. The liquidity pool size is around $22,217, with a total market cap of approximately $52,019.
These indicators reflect the early market activity of the project. Interested parties can check out the chart data themselves and compare the trading counterparties. New projects on the Solana chain carry both risks and opportunities, so it's important to do more research and think carefully before making decisions.