Stand With Jensen (SWJ) Rose 280.0% on a Pool Only 2.9 Hours Old, Before Any Trading History Exists
Participation Event
In the last hour, a total of 9,759 transactions were recorded for Stand With Jensen (SWJ), marking a significant increase compared to previous trading activity. This surge is notable given that the trading pair is only 2.9 hours old, with no prior trading history to reference.
- Pair maturity: 2.9 hours
- Volume vs liquidity: 15.1x
- Liquidity depth: $68,279
Transaction Breakdown
Out of the total transactions, there were 5,514 buy orders and 4,245 sell orders. This indicates a relatively balanced order flow, with approximately 43% of the transactions being sales.
Market Activity
The trading volume over the past 24 hours reached $1,028,535, which is 15.1 times the pool's liquidity of $68,279. This high volume relative to liquidity suggests that the same liquidity is being turned over repeatedly, potentially indicating wash trading or bot activity.
Liquidity Profile
The current liquidity stands at $68,279, which is 12.8% of the market cap of $534,587. This liquidity level is workable for small positions, but larger orders may significantly impact the price.
Risk Note
This article is not financial advice. The pair is only 2.9 hours old, and most catastrophic failures occur within the first day, leaving no trading history to assess.