Just spotted some interesting action on $RLM over on Meteora Solana. The token's showing mixed signals right now – 24-hour buy volume sits at $240 while sell volume hit $745, so bears are definitely putting some pressure on it.
As for liquidity, there's about $23,283 in the pool, with a market cap hovering around $66,027. Not huge numbers, but worth keeping tabs on if you're tracking emerging Solana ecosystem projects.
The buy-to-sell ratio suggests some volatility, typical for newer tokens finding their price discovery. If you're thinking about jumping in, the chart's there to check – just remember these smaller cap plays come with their own risks.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
5 Likes
Reward
5
4
Repost
Share
Comment
0/400
WagmiAnon
· 15h ago
Selling pressure is quite intense; this ratio is indeed dangerous.
View OriginalReply0
LiquiditySurfer
· 15h ago
With such heavy selling pressure, it's better to wait and see for now. Small caps are easily hammered down.
View OriginalReply0
BearMarketBarber
· 15h ago
Selling volume is three times the buying volume? This thing is now just looking for the bottom, gotta wait and see.
View OriginalReply0
ChainWatcher
· 15h ago
ngl $RLM This selling pressure is a bit intense, 245 versus 745... the bears are taking it easy.
Just spotted some interesting action on $RLM over on Meteora Solana. The token's showing mixed signals right now – 24-hour buy volume sits at $240 while sell volume hit $745, so bears are definitely putting some pressure on it.
As for liquidity, there's about $23,283 in the pool, with a market cap hovering around $66,027. Not huge numbers, but worth keeping tabs on if you're tracking emerging Solana ecosystem projects.
The buy-to-sell ratio suggests some volatility, typical for newer tokens finding their price discovery. If you're thinking about jumping in, the chart's there to check – just remember these smaller cap plays come with their own risks.