This token's liquidity has fallen substantially since publication, to approximately $6,506. That is down 89% from the $57,636 reported when this article was published. The figures below describe conditions at the time of writing.
Truth Coin (TRUTH COIN) Records Elevated Volume Relative to Market Cap on Solana
Risk Overview
The risk level for Truth Coin is elevated, primarily due to its nascent trading pair, which is only 1.6 hours old. This lack of historical trading data raises concerns about potential volatility and the risk of catastrophic failures, especially within the first day of trading.
- Pair maturity: 1.6 hours
- Volume vs liquidity: 52.6x
- Liquidity depth: $57,636
Liquidity Assessment
Truth Coin has a liquidity figure of $57,636. 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 Truth Coin stands at $3,033,317. This volume is 52.6 times the pool's liquidity, suggesting that the same liquidity is being turned over repeatedly, which may indicate wash trading or bot activity.
Trading Behaviour
In the last hour, there were 19,453 buys and 15,491 sells, resulting in a buy/sell ratio of approximately 1.25.
Risk Note
This article does not constitute financial advice.