This token's liquidity has fallen substantially since publication, to approximately $7,956. That is down 88% from the $69,071 reported when this article was published. The figures below describe conditions at the time of writing.
Horace (HORACE) Records Elevated Volume Relative to Market Cap on Solana
Risk Overview
The risk level for Horace (HORACE) is elevated, primarily due to its pair maturity of just 1.3 hours. This limited trading history raises concerns, as most catastrophic failures occur within the first day of a token's existence.
- Pair maturity: 1.3 hours
- Volume vs liquidity: 38.4x
- Liquidity depth: $69,071
Liquidity Assessment
Horace has a liquidity figure of $69,071. The liquidity depth is assessed as elevated, indicating that while this amount is workable for small positions, larger orders may significantly impact the price.
Volume Assessment
The 24-hour trading volume for Horace stands at $2,655,394. The volume is reported as 38.4 times the pool's liquidity, suggesting that the same liquidity is being turned over repeatedly, which can indicate wash trading or bot activity.
Trading Behaviour
In the last hour, there were 13,743 buy transactions and 12,665 sell transactions, resulting in a buy/sell ratio of approximately 1.08.
Risk Note
This article does not constitute financial advice.