Clan.tech (CLAN) Rose 258.0% on a 1.3 Hours-old Pool With No Track Record to Assess
Participation Event
In the last hour, there were 12,584 transactions involving the CLAN token, with a notable spike in trading activity compared to previous periods. The trading pool is only 1.3 hours old, and all price levels have been established during this brief timeframe, making it difficult to assess historical performance.
- Pair maturity: 1.3 hours
- Volume vs liquidity: 29.6x
- Liquidity depth: $95,428
Transaction Breakdown
Of the total transactions, 6,610 were buys while 5,974 were sells, indicating a roughly balanced order flow with 47% of the transactions being sells.
Market Activity
The 24-hour trading volume for CLAN reached approximately $2,827,860, significantly outpacing the liquidity of $95,428. This volume is 29.6 times the liquidity, suggesting potential issues such as wash trading or bot activity.
Liquidity Profile
The liquidity for the CLAN token stands at $95,428, which is 9.0% of its market cap of $1,060,039. This liquidity level is workable for small positions but may not support larger orders without impacting the price.
Risk Note
This report does not constitute financial advice. The elevated risk associated with this token is underscored by the pair's short trading history and the high volume relative to liquidity.