Jean Phil (JEANPHIL) Gains 189.0% on a 1.1 Hours-old Pool With No Track Record to Assess
Participation Event
In the last hour, there were 2,414 transactions involving the Jean Phil (JEANPHIL) token, with a notable increase compared to previous periods. This includes 1,498 buy transactions and 916 sell transactions, indicating a significant level of trading activity in a very short timeframe.
- Pair maturity: 1.1 hours
- Liquidity depth: $108,104
Transaction Breakdown
Of the 2,414 transactions, 1,498 were buys, while 916 were sells. This results in a buy-side leaning, with approximately 62% of the transactions being purchases.
Market Activity
The 24-hour trading volume for Jean Phil stands at $877,210, which is 8.1 times the liquidity of $108,104. This indicates active trading relative to the pool depth, suggesting that traders are engaging with the asset despite its recent price volatility.
Liquidity Profile
The liquidity for Jean Phil is recorded at $108,104. This liquidity level is workable for small positions but may pose challenges for larger orders, as they could move the price against the trader.
Risk Note
Investors should consider that this article does not constitute financial advice. The trading pair is only 1.1 hours old, and most catastrophic failures occur within the first day, with no trading history available for assessment.