IShowSpeed (SPEED) Climbs 406.0% on a Pool Only 0.4 Hours Old, Before Any Trading History Exists
Participation Event
In the last hour, IShowSpeed (SPEED) recorded a total of 4,599 transactions. This figure represents a significant increase compared to typical trading activity, indicating a high level of participation despite the trading pair being only 0.4 hours old.
- Pair maturity: 0.4 hours
- Volume vs liquidity: 13.5x
- Liquidity depth: $50,999
- Liquidity vs market cap: 11.1%
Transaction Breakdown
Out of the total transactions, there were 2,996 buys and 1,603 sells. This suggests that the buy-side was more active, accounting for approximately 65% of the transactions in the last hour.
Market Activity
The trading volume for the last 24 hours reached $687,942, which is 13.5 times the liquidity of $50,999. This indicates a high level of trading relative to the available liquidity.
Liquidity Profile
The liquidity for IShowSpeed stands at $50,999. This amount is workable for small positions, but larger orders may impact the price due to the relatively low liquidity.
Risk Note
This article is not financial advice. The overall risk assessment indicates a moderate risk level, primarily due to the pair's maturity of only 0.4 hours, which is associated with potential volatility and lack of historical trading data.