Dubble (DUBBLE) Gains 390.0% on a Pool Only 1.1 Hours Old, Before Any Trading History Exists
Participation Event
In the last hour, Dubble (DUBBLE) recorded a total of 12,377 transactions, significantly higher than typical trading activity for a newly launched token. The trading activity is particularly notable given that the trading pair is only 1.1 hours old, with no prior trading history to compare against.
- Pair maturity: 1.1 hours
- Volume vs liquidity: 16.9x
- Liquidity depth: $67,334
Transaction Breakdown
Of the 12,377 transactions, there were 8,386 buys and 3,991 sells. This indicates a strong buy-side interest, with approximately 68% of the transactions being purchases.
Market Activity
The trading volume over the past 24 hours reached $1,136,916, which is 16.9 times the liquidity of $67,334. This high volume relative to liquidity suggests that the same liquidity is being turned over repeatedly, which may indicate wash trading or bot activity.
Liquidity Profile
The liquidity for Dubble stands at $67,334. While this amount is workable for small positions, larger orders may significantly impact the price.
Risk Note
This article is not financial advice. The pair's age of 1.1 hours poses a moderate risk, as most catastrophic failures occur within the first day, and there is no trading history to assess.