The Altruists (ALTRUISTS) Records Elevated Volume Relative to Market Cap on Solana
Risk Overview
The Altruists (ALTRUISTS) presents an elevated risk profile, primarily due to its extremely young trading pair, which is only 0.4 hours old. This lack of historical trading data heightens the potential for catastrophic failures, as most significant issues tend to occur within the first day of trading.
- Pair maturity: 0.4 hours
- Volume vs liquidity: 18.4x
- Liquidity depth: $56,719
Liquidity Assessment
The current liquidity stands at $56,719. The liquidity depth is assessed as elevated, indicating that while this amount is workable for small positions, larger orders may significantly impact the price.
Volume Assessment
The 24-hour trading volume is reported at $1,045,573. This volume is 18.4 times the pool's liquidity, suggesting that the same liquidity is being turned over repeatedly, which can indicate wash trading or bot activity.
Trading Behaviour
In the last hour, there were 8,262 buys and 6,896 sells, resulting in a buy/sell ratio of approximately 1.2.
Risk Note
This article does not constitute financial advice.