This token now has approximately $4,739 of liquidity, effectively untradeable. That is down 96% from the $112,527 reported when this article was published. The figures below describe conditions at the time of writing.
The Retarded Bull (SLING) Records Elevated Volume Relative to Market Cap on Solana
Risk Overview
The current risk level for SLING is elevated, primarily driven by the significant disparity between its trading volume and liquidity. With a 24-hour volume of approximately $4.55 million against a liquidity figure of about $112,527, the market exhibits characteristics that warrant careful consideration.
- Volume vs liquidity: 40.4x
- Pair maturity: 1.0 days
- Liquidity vs market cap: 7.5%
Liquidity Assessment
SLING has a liquidity figure of $112,527. Liquidity is 7.5% of market cap — modest but not unusual for this size. $112,527 of liquidity is adequate for ordinary position sizes, though not deep.
Volume Assessment
The 24-hour trading volume stands at $4,550,037. 24h volume is 40.4x the pool's liquidity. The same liquidity is being turned over repeatedly, which can indicate wash trading or bot activity.
Trading Behaviour
In the last hour, there were 608 buy transactions and 525 sell transactions, resulting in a buy/sell ratio of approximately 1.16.
Risk Note
This article does not constitute financial advice.