Spotted something interesting on Solana today—$RNUTJAK showing some movement worth noting.
The 24-hour numbers tell a story: buy volume hit around $10.8K while sells came in slightly lower at $10.5K. Pretty balanced action if you ask me. Liquidity's sitting at roughly $24K, and the market cap's hovering near $58K.
Nothing crazy, but the buy-sell ratio looks healthier than most microcaps I've been tracking lately. Could be early accumulation, could be nothing. Either way, keeping this one on the radar for now.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
19 Likes
Reward
19
7
Repost
Share
Comment
0/400
GasFeeGazer
· 12-10 14:04
The buy and sell ratio is so balanced... but a market cap of 58K is indeed a bit small. Do you want to gamble or not?
View OriginalReply0
BearMarketSurvivor
· 12-09 19:44
Buy and sell are balanced. It's rare to see this with such small tokens, but with liquidity at only 24k, it still feels a bit flimsy.
View OriginalReply0
ConsensusBot
· 12-09 19:43
The buy and sell volumes are about the same, which is indeed quite rare, but a market cap of 58K is still too small. Let's wait and see.
View OriginalReply0
DoomCanister
· 12-09 19:37
The buy and sell volumes are about the same; this kind of micro-exchange is actually even more dangerous.
View OriginalReply0
RetroHodler91
· 12-09 19:29
Yeah, the buy/sell ratio of this token is indeed much healthier than those trash micro-exchanges, pretty interesting.
View OriginalReply0
MEVHunterZhang
· 12-09 19:28
Buying volume suppresses selling volume. This signal is quite interesting and rarely seen in micro accounts.
Spotted something interesting on Solana today—$RNUTJAK showing some movement worth noting.
The 24-hour numbers tell a story: buy volume hit around $10.8K while sells came in slightly lower at $10.5K. Pretty balanced action if you ask me. Liquidity's sitting at roughly $24K, and the market cap's hovering near $58K.
Nothing crazy, but the buy-sell ratio looks healthier than most microcaps I've been tracking lately. Could be early accumulation, could be nothing. Either way, keeping this one on the radar for now.