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Spotted some interesting on-chain activity today. There's this token called $SQUID making moves on Solana's PumpFun platform.
The numbers? 24-hour buy volume hit $33,725 while sells came in at $24,713. That's a decent buy-to-sell ratio actually. Market cap's sitting around $39K right now.
Here's the weird part though — liquidity shows zero. Yeah, you read that right. $0 in the LP. Which honestly makes you wonder about the sustainability here. Is this another flash-in-the-pan meme play or something with legs?
The 67 score on the screener suggests some level of traction. But with no liquidity backing it up, this feels like one of those high-risk, high-reward scenarios. Trade carefully if you're eyeing this one. Do your own research before aping in.