This token's liquidity has fallen substantially since publication, to approximately $17,190. That is down 80% from the $86,928 reported when this article was published. The figures below describe conditions at the time of writing.
BNBDOG Records Elevated Volume Relative to Market Cap Amid a Newly Established Trading Pair
Risk Overview
The risk level for BNBDOG is elevated due to its recent establishment as a trading pair, only 1.2 hours old. This short trading history heightens the potential for volatility and unforeseen market dynamics.
- Pair maturity: 1.2 hours
- Volume vs liquidity: 35.0x
- Liquidity depth: $86,928
Liquidity Assessment
The liquidity figure stands at $86,928. The liquidity is 13.3% of market cap, close to the 11.5% typical at this size. Additionally, $86,928 of liquidity is workable for small positions, but larger orders will move the price against you.
Volume Assessment
The 24-hour volume is reported at $3,044,851. Notably, the 24h volume is 35.0x the pool's liquidity, indicating 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 8,850 buys and 6,792 sells, resulting in a buy/sell ratio of approximately 1.3.
Risk Note
This article does not constitute financial advice.