CashRail (CRAIL) Gains 451.0% but the Pair is Just 1.2 Hours Old, the Window in Which Most Failures Occur
Participation Event
In the last hour, CashRail (CRAIL) recorded a total of 2,224 transactions, which indicates a significant increase in trading activity compared to the previous period. This trading volume is notable given that the trading pair is only 1.2 hours old, a timeframe where many new pairs typically experience high volatility and potential failures.
- Pair maturity: 1.2 hours
- Volume vs liquidity: 9.2x
Transaction Breakdown
Of the 2,224 transactions, 1,155 were buy orders while 1,069 were sell orders. This results in a roughly balanced order flow, with 48% of the last hour's transactions being sells.
Market Activity
The 24-hour trading volume for CashRail reached approximately $2,947,476, which is 9.2 times the liquidity available in the market. The price currently stands at $0.000009965, reflecting the recent price movement.
Liquidity Profile
CashRail has a liquidity figure of $318,750, which is adequate for ordinary position sizes but may not be deep enough for larger trades. This liquidity represents 32.0% of the market cap, which is above the typical ratio for assets of this size.
Risk Note
Investors should consider that this report does not constitute financial advice. The token's pair is very new, and most catastrophic failures occur within the first day of trading.