This token's liquidity has fallen substantially since publication, to approximately $9,048. That is down 90% from the $89,016 reported when this article was published. The figures below describe conditions at the time of writing.
Corgicoin (CORGI) Records Elevated Volume Relative to Market Cap on Solana
Risk Overview
Corgicoin (CORGI) presents an elevated risk profile primarily due to its recent trading activity. The token's trading pair is only 1.1 hours old, which raises concerns about its stability and reliability.
- Pair maturity: 1.1 hours
- Volume vs liquidity: 65.5x
- Liquidity depth: $89,016
Liquidity Assessment
The current liquidity for Corgicoin stands at $89,015.9. The liquidity is workable for small positions, but larger orders will move the price against you.
Volume Assessment
The 24-hour volume for Corgicoin is reported at $5,831,024. The volume is 65.5x the pool's liquidity, indicating that the same liquidity is being turned over repeatedly, which can suggest wash trading or bot activity.
Trading Behaviour
In the past hour, there were 37,098 buys and 31,490 sells, resulting in a buy/sell ratio of approximately 1.18.
Risk Note
This article is not financial advice.