JOLLY (JOLLY) Records Elevated Volume Relative to Market Cap on Robinhood
Risk Overview
The current risk level for JOLLY is elevated, primarily due to significant trading volume compared to its liquidity. This situation indicates potential vulnerabilities in the market structure that could impact trading stability.
- Volume vs liquidity: 102.0x
- Pair maturity: 7.3 hours
- Liquidity depth: $88,543
Liquidity Assessment
JOLLY has a raw liquidity figure of $88,543. The liquidity is 9.8% of market cap, close to the 9.4% typical at this size. While this liquidity is workable for small positions, larger orders will move the price against you.
Volume Assessment
The 24-hour trading volume for JOLLY stands at $9,034,196. Notably, the 24h volume is 102.0x the pool's liquidity, with the same liquidity being turned over repeatedly, which can indicate wash trading or bot activity.
Trading Behaviour
In the last hour, there were 2,289 buy transactions compared to 1,741 sell transactions, resulting in a buy/sell ratio of approximately 1.31.
Risk Note
This analysis does not constitute financial advice.