Fudarake (FUDA) Rose 273.0% on a Pool Only 1.5 Hours Old, Before Any Trading History Exists
Participation Event
In the last hour, Fudarake (FUDA) recorded a total of 130 transactions, comprising 86 buys and 44 sells. This activity marks a significant increase compared to the previous period, with a notable price movement of 273.0%. The trading pair is only 1.5 hours old, indicating that all price levels were established recently.
- Pair maturity: 1.5 hours
- Liquidity depth: $65,359
Transaction Breakdown
Of the 130 transactions, 86 were buy orders, while 44 were sell orders. This results in a buy-side leaning, with approximately 66% of the trades being purchases.
Market Activity
The 24-hour trading volume for Fudarake reached $227,121.85, indicating a turnover rate of 3.5 times the liquidity, which is $65,359. This suggests a relatively active trading environment, although the pair's youth limits historical context for price assessment.
Liquidity Profile
The liquidity figure stands at $65,358.57, which is 12.9% of the market cap of $507,720. This liquidity level is close to the typical ratio for tokens of this size.
Risk Note
Investors should consider the moderate risk associated with Fudarake, as indicated by the lack of trading history and the pair's age of only 1.5 hours. This article does not constitute financial advice.