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Spotted an interesting token on a Solana-based DEX today.
$NEO is trading on Orca with some peculiar metrics worth noting. Contract address: 8fdBKZq7wo9fJbsZEZhq6omCgvKzLt97HY9XaGgqpump
What caught my eye? The 24-hour volume shows $30 in buys but literally zero sells. Liquidity sits at $316 while the market cap hit $264,604.
Those numbers tell a story. Whether it's early accumulation or something else entirely, the asymmetry between buy and sell volume is pretty stark. Thin liquidity combined with that market cap ratio makes this one volatile for sure.
Anyone else tracking movements on smaller Solana tokens?