Wofl (WOFL) Gains 160.0% on a 1.5 Hours-old Pool With No Track Record to Assess
Participation Event
In the last hour, Wofl (WOFL) recorded a total of 4,301 transactions, which indicates a significant increase in trading activity compared to prior periods. This transaction count reflects a robust engagement, particularly given that the trading pair is only 1.5 hours old.
- Pair maturity: 1.5 hours
- Liquidity depth: $56,588
- Volume vs liquidity: 10.1x
Transaction Breakdown
Of the total transactions, 2,429 were buy orders while 1,872 were sell orders. This shows a relatively balanced order flow, with buys making up approximately 56.5% of the activity.
Market Activity
The trading volume over the past 24 hours reached $571,177, with a volume-to-liquidity ratio of 10.1 times, indicating active trading relative to the pool's depth. The current price of WOFL stands at $0.0004848.
Liquidity Profile
The liquidity for WOFL is recorded at $56,588. This amount is workable for small positions, but larger orders may experience slippage due to the limited liquidity available.
Risk Note
This article is not financial advice. The overall risk assessment for Wofl indicates elevated risk due to the pair's short trading history and lack of liquidity lock verification.