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Spotted something interesting on Solana DEX today - token $UFO showing some activity worth noting.
Here's what the 24-hour window looks like:
Buy volume came in around $87K while sell pressure hit roughly $83.5K. Pretty balanced action there.
The concerning bit? Liquidity sitting at zero. Market cap floating near $14K.
Not financial advice obviously, but these metrics paint a specific picture. That liquidity situation is definitely a red flag for anyone considering entry. The volume ratio suggests slight buying dominance, but without proper liquidity backing, it's playing with fire.
Anyone else tracking this one? Curious what the community thinks about tokens launching with this kind of setup.