SMUGLY (SMUGLY) Rose 150.0% but the Pair is Just 1.5 Hours Old, the Window in Which Most Failures Occur
Participation Event
In the last hour, SMUGLY recorded a total of 3,001 transactions, which indicates a significant level of trading activity. This figure represents a notable increase compared to typical trading volumes for newly launched tokens, especially given that the trading pair is only 1.5 hours old.
- Pair maturity: 1.5 hours
- Liquidity depth: $53,229
- Volume vs liquidity: 11.7x
Transaction Breakdown
Out of the 3,001 transactions, there were 1,776 buys and 1,225 sells. This suggests a relatively balanced order flow, with approximately 41% of the transactions being sells.
Market Activity
The 24-hour trading volume reached approximately $624,800, indicating active trading relative to the available liquidity of $53,229. The price of SMUGLY is currently at $0.0004393, reflecting a 150% increase over the past hour.
Liquidity Profile
The liquidity for SMUGLY stands at $53,229. This amount is workable for small positions, but larger orders may significantly impact the price.
Risk Note
This article is not financial advice. The trading pair is only 1.5 hours old, which is a critical risk factor, as most catastrophic failures occur within the first day of trading.