MONEKO (MONEKO) Gains 124.0% on a 4.3 Hours-old Pool With No Track Record to Assess
Participation Event
In the last hour, MONEKO recorded 4,269 transactions, significantly higher than typical trading volumes. The trading activity included 2,693 buy transactions and 1,576 sell transactions, indicating a robust interest in the token shortly after its pool was created just 4.3 hours ago.
- Pair maturity: 4.3 hours
- Volume vs liquidity: 13.5x
- Liquidity depth: $51,050
Transaction Breakdown
The buy-side activity accounted for approximately 63% of the transactions, while sells represented about 37%. This imbalance suggests a leaning towards buying, which may contribute to the recent price increase.
Market Activity
The market saw a 24-hour trading volume of $690,429, with a notable one-hour volume of $299,702. This volume is approximately 13.5 times the liquidity available, indicating active trading relative to the pool's depth.
Liquidity Profile
MONEKO's liquidity stands at $51,050, which is workable for small positions but may impact larger orders due to the limited liquidity available. The liquidity represents 16.8% of the market cap, which is close to the typical ratio for tokens of this size.
Risk Note
This article is not financial advice. The pair's maturity of 4.3 hours raises concerns, as most catastrophic failures occur within the first day, and there is no historical trading data available to assess price stability.