This token now has approximately $4,840 of liquidity, effectively untradeable. That is down 91% from the $53,706 reported when this article was published. The figures below describe conditions at the time of writing.
Be Like Jacob (JACOB) Records Elevated Volume Relative to Market Cap on Robinhood
Risk Overview
The risk level for Be like Jacob (JACOB) is assessed as elevated, primarily due to significant trading volume relative to its liquidity. The token has experienced a notable increase in trading activity, raising concerns about the sustainability of its market dynamics.
- Volume vs liquidity: 36.2x
- Pair maturity: 8.2 hours
- Liquidity depth: $53,706
Liquidity Assessment
The liquidity figure for JACOB stands at $53,706. Liquidity is 16.0% of market cap, close to the 16.7% typical at this size. This liquidity is workable for small positions, but larger orders will move the price against you.
Volume Assessment
The 24-hour trading volume for JACOB is $1,945,944. The 24h volume is 36.2x the pool's liquidity, indicating that the same liquidity is being turned over repeatedly, which can indicate wash trading or bot activity.
Trading Behaviour
In the last hour, there were 5,000 buy transactions and 2,035 sell transactions, resulting in a buy/sell ratio of approximately 2.46.
Risk Note
This article does not constitute financial advice.