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- 🚀 Gate Square “Gate Fun Token Challenge” is Live!
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If delivery is unavailable, th
Spotted an interesting meme token movement on Solana - $dogey showing some activity on DEXScreener. The 24-hour trading pattern reveals $50.7K in buy volume against $42.4K in sells, creating a slight buy pressure. Market cap currently sits at around $33K.
What's notable here is the liquidity situation - essentially at zero, which is typical for PumpFun launches but definitely adds risk. These early-stage tokens can swing wildly. The buy-to-sell ratio suggests some accumulation happening, though the low liquidity means any significant move could cause massive slippage.
Anyone tracking Solana meme plays should keep an eye on liquidity depth before jumping in. Volume patterns matter, but execution risk is real when there's no cushion.