Just spotted some interesting trading activity on Solana's new token $STEAK. The numbers paint a mixed picture for day traders eyeing this one.



In the last 24 hours, we're looking at roughly $82K in buy volume against $77K in sell volume—fairly balanced action. What catches attention though is the relatively tight liquidity sitting at $30,350, paired with a market cap hovering around $103K. That kind of thin liquidity means price swings could get spicy fast, so definitely keep your eyes on the order book if you're thinking about entry positions.

The buy-sell ratio suggests some accumulation interest, but with this cap and liquidity setup, even modest volume swings could push things around. Worth monitoring if you're tracking emerging tokens on Solana.
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GateUser-9ad11037vip
· 4h ago
With such thin liquidity, even a slight breeze or disturbance has to run...
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CommunitySlackervip
· 11h ago
This liquidity is so terrible, putting $30K here just to pump a new coin? How outrageous is the slippage...
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ForumLurkervip
· 12-27 20:41
Nah, the liquidity of $STEAK is too thin. Just a few whales can dump the price easily, it feels very easy to get liquidated.
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LayerHoppervip
· 12-27 20:33
With such thin liquidity in $STEAK, price fluctuations are definitely like riding a roller coaster. I usually stay far away from this kind of market...
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HackerWhoCaresvip
· 12-27 20:19
With such thin liquidity, it's basically a landmine, and even a slight breeze or disturbance can lead to a brutal hit.
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