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Noticed some interesting movement on a Solana token called $MOONIM that's been making waves on PumpFun lately.
The 24-hour volume tells a story - buy-side sitting at around $6.5K while sell pressure is lighter at $2.3K. That's roughly a 3:1 buy-to-sell ratio, which caught my attention. Market cap hovering near $17K, though liquidity appears minimal at the moment.
Seems like early-stage action on this one. The volume disparity suggests some accumulation happening, but with basically no liquidity backing it up, this is clearly high-risk territory. Anyone else tracking this, or have thoughts on these PumpFun launches?