Shoot the Bear (SHOOT) Gains 285.0% but the Pair is Just 1.2 Hours Old, the Window in Which Most Failures Occur
Participation Event
During the last hour, there were a total of 1,908 transactions involving the token "Shoot the bear" (SHOOT). This represents a significant increase in trading activity compared to the period prior, with 1,184 buys and 724 sells recorded.
- Pair maturity: 1.2 hours
- Volume vs liquidity: 9.8x
Transaction Breakdown
The trading activity was comprised of 1,184 buy transactions and 724 sell transactions, indicating a buy-side leaning with 38% of the transactions being sells.
Market Activity
The 24-hour trading volume for SHOOT reached approximately $1,859,706, which is 9.8 times the liquidity available. The current price of SHOOT is $0.00407, reflecting the recent volatility.
Liquidity Profile
The liquidity for SHOOT stands at $190,009. This amount is adequate for ordinary position sizes but may not be deep enough for larger trades.
Risk Note
The overall risk assessment indicates a moderate risk level. Most catastrophic failures happen in the first day, and there is no trading history to assess. This article does not constitute financial advice.