This token no longer has a tradeable liquidity pool. That is down 100% from the $107,771 reported when this article was published. The figures below describe conditions at the time of writing and do not reflect the token's current state.
Penguin Wif Backpack (TAOTAO) Climbs 31.2% on a Pool Only 1.2 Hours Old, Before Any Trading History Exists
Participation Event
In the last hour, there were a total of 2,010 transactions involving the penguin wif backpack (TAOTAO) token. This activity marks a significant surge compared to typical trading volumes, as the trading pair is only 1.2 hours old, indicating that this is the initial phase of trading for this token.
- Pair maturity: 1.2 hours
- Volume vs liquidity: 9.4x
- Liquidity depth: $107,771
Transaction Breakdown
Of the 2,010 transactions, 1,119 were buys and 891 were sells. This reflects a relatively balanced order flow, with approximately 44% of the transactions being sales.
Market Activity
The trading volume over the past 24 hours reached $1,013,025, which is 9.4 times the liquidity of $107,771. This elevated volume indicates active trading relative to the pool's depth.
Liquidity Profile
The liquidity for the penguin wif backpack token stands at $107,771. This amount is workable for small positions, but larger orders may significantly impact the price.
Risk Note
This report does not constitute financial advice. Investors should conduct their own assessments before engaging in trading activities.