Gomo App (GOMO) Drops 30.2% as Volume Runs 15.8x Its Liquidity, a Pattern Consistent With Wash Trading
Volatility Event
Gomo App (GOMO) traded between $0.0009341 and a low of $0.0006528 during the hour, with a turnover of approximately $92,894. This significant price movement of 30.2% occurred amid a trading volume of $1,466,057 over the past 24 hours, indicating a highly active trading environment.
- Volume vs liquidity: 15.8x
- Liquidity lock: 55.5% locked
- Liquidity depth: $92,894
What The Risk Data Shows
24h volume is 15.8x the pool's liquidity. The same liquidity is being turned over repeatedly, which can indicate wash trading or bot activity. Liquidity is 12.0% of market cap, close to the 10.4% typical at this size. The overall risk band is Moderate.
Trading Conditions
In the last hour, there were 110 buy transactions and 97 sell transactions, indicating a roughly balanced order flow. This balance suggests that market participants are active on both sides of the trade.
Liquidity Context
The raw liquidity figure is $92,894, which implies that while it is workable for small positions, larger orders may significantly impact the price. The liquidity turnover is among the most actively traded relative to its depth.
Why This Was Flagged
- Price moved 30.2% in one hour (threshold: 15%)
- One-hour volume of $26,333 (threshold: $25,000)
- 207 trades in the last hour (threshold: 100)
- $92,894 of liquidity (threshold: $50,000)
- $775,467 market cap (threshold: $250,000)
- Trading pair 3 days old (threshold: 15 minutes)
Risk Note
This article does not constitute financial advice.