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Spotted a token launch on Uniswap's Base network worth keeping an eye on. The project PRXVT is now live with contract address 0xC2FF2E5aa9023b1bb688178a4a547212f4614bc0.
Current metrics show zero volume on both buy and sell sides in the last 24 hours, which isn't uncommon for freshly listed tokens during their initial phase. The liquidity pool stands empty at the moment, yet the market cap has already reached $89.99 million, suggesting significant token allocation from the launch.
If you're tracking early-stage Base chain projects, this one's worth adding to your watchlist. The disparity between market cap and actual trading activity typically indicates early distribution phase dynamics on DEXs.