Musebook (MUSEBOOK) Climbs 225.0% on a 1.2 Hours-old Pool With No Track Record to Assess
Participation Event
In the last hour, there were a total of 2,411 transactions involving the MUSEBOOK token. This figure represents a significant increase in trading activity compared to previous periods, with 1,508 buys and 903 sells contributing to the transaction count.
- Pair maturity: 1.2 hours
- Volume vs liquidity: 14.5x
- Liquidity depth: $94,368
Transaction Breakdown
Of the 2,411 transactions, 1,508 were buy orders, while 903 were sell orders. This indicates a buy-side leaning in the order flow, with approximately 63% of the transactions being purchases.
Market Activity
The trading volume over the last 24 hours reached $1,367,867, which is 14.5 times the liquidity of $94,368. This elevated volume relative to liquidity suggests active trading conditions in the market.
Liquidity Profile
The liquidity for MUSEBOOK stands at $94,368. This amount is workable for small positions, but larger orders may significantly impact the price.
Risk Note
The overall risk assessment for MUSEBOOK indicates elevated risk, primarily due to the pool's age of just 1.2 hours. Most catastrophic failures occur within the first day, and there is no trading history to assess. This article does not constitute financial advice.