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Today I discovered an interesting token on Solana: $Dougy. The 24-hour numbers look pretty wild.
Buy volume is around $27.4K, sell side just over $21K. What stands out to me: liquidity is practically at zero, while the market cap hovers around $24K.
You don't see this kind of setup every day. Buying pressure currently exceeds selling pressure, but without significant liquidity, that can flip quickly. Typical pattern for fresh meme coins on Solana.
Anyone looking at something like this should definitely know what they're doing. Without liquidity, things can get extreme in either direction.