Brain Not Found (DERP404) Records Elevated Volume Relative to Market Cap on Solana
Risk Overview
The current risk level for Brain Not Found (DERP404) is elevated, primarily due to the pair's maturity of just 1.2 hours. This short trading history raises concerns, as most catastrophic failures occur within the first day of trading.
- Pair maturity: 1.2 hours
- Liquidity lock: 38.4% locked
- Volume vs liquidity: 11.6x
Liquidity Assessment
The liquidity for DERP404 stands at $129,447.63. The liquidity pool's status indicates that only 38.4% is locked or burned. This means that whoever holds the remainder can withdraw it, which would leave holders unable to sell at any price.
Volume Assessment
The 24-hour trading volume for DERP404 is reported at $1,505,403. The volume is 11.6 times greater than the liquidity, suggesting active trading relative to pool depth.
Trading Behaviour
In the last hour, there were 5,671 buy transactions and 4,916 sell transactions, resulting in a buy/sell ratio of approximately 1.15.
Risk Note
This article is not financial advice.