Dancing Dog (DOGGO) Gains 6.3% as Volume Runs 22.0x Its Liquidity, a Pattern Consistent With Wash Trading
Price Action
During the last hour, Dancing Dog (DOGGO) traded between $0.0024 and $0.0026, with a volume of approximately $31,997. This volume represents a significant increase, running 22.0 times the pool's liquidity of $129,122. The price movement of 6.3% reflects a notable shift in trading activity.
- Volume vs liquidity: 22.0x
- Order flow balance: 66% sells
What The Risk Data Shows
24h volume is 22.0x the pool's liquidity. The same liquidity is being turned over repeatedly, which can indicate wash trading or bot activity. 66% of the last hour's 217 transactions were sells. Sell-side pressure dominates. The overall risk band is Moderate.
Trading Activity
In the last hour, there were 74 buys and 143 sells, resulting in a sell-to-buy ratio of approximately 1.93.
Market Snapshot
- Price (USD): $0.002519
- 1h Price Change: 6.29%
- 24h Price Change: 117.0%
- Liquidity (USD): $129,121.61
- Market Cap (USD): $2,519,814.00
- 24h Volume (USD): $2,839,421.14
- Transactions (1h): 217
Why This Was Flagged
- Price moved 6.3% in one hour (threshold: 15%)
- One-hour volume of $31,997 (threshold: $25,000)
- 217 trades in the last hour (threshold: 100)
- $129,122 of liquidity (threshold: $50,000)
- $2,519,814 market cap (threshold: $250,000)
- Trading pair 6 days old (threshold: 15 minutes)
Risk Note
This article does not constitute financial advice.