Shamonda Virus Coin (SHAVCOIN) Gains 346.0% but the Pair is Just 3.5 Hours Old, the Window in Which Most Failures Occur
Participation Event
In the last hour, Shamonda Virus Coin (SHAVCOIN) recorded a total of 2,551 transactions, with 1,635 being buys and 916 being sells. This activity marks a significant increase compared to previous trading periods, reflecting heightened interest in the token shortly after its launch.
- Pair maturity: 3.5 hours
- Liquidity depth: $57,325
- Volume vs liquidity: 10.3x
Transaction Breakdown
Of the 2,551 transactions in the past hour, 1,635 were buy orders, while 916 were sell orders. This indicates a buy-side leaning in the market, suggesting that traders are more inclined to acquire SHAVCOIN than to liquidate their holdings.
Market Activity
The trading volume for SHAVCOIN over the last 24 hours reached $590,769, translating to a volume-to-liquidity ratio of 10.3 times. The current price is set at $0.0004431, reflecting the recent price movement without any historical context due to the pair's short lifespan.
Liquidity Profile
The liquidity for SHAVCOIN stands at $57,325. This amount is workable for small positions, but larger orders may impact the price significantly due to the limited liquidity depth.
Risk Note
The overall risk assessment for SHAVCOIN indicates an elevated risk level, primarily due to the pair's maturity of just 3.5 hours. Most catastrophic failures occur within the first day, and there is no trading history to assess. This article is not financial advice.