Five wallets recently accumulated RENE on Solana, signaling some institutional interest. Current metrics paint an interesting but risky picture—market cap sits at $173K with token price at $0.000173.



The volatility is eye-catching: down 56.8% in 24 hours, yet bouncing 10.7% in the last hour. Volume tells the real story though—$9.25M traded against a $173K market cap means 53x turnover. That's enormous circulation for such a small cap. Liquidity depth at just $25.8K is the critical concern here.

Thin liquidity combined with heavy volume churn creates those wild price swings you'd expect from micro-cap tokens. A relief bounce could materialize, but position sizing matters—keep it small and deploy tight stop-losses. Worth tracking if you're hunting for volatile plays, but risk management is non-negotiable at this stage.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
CryptoCrazyGFvip
· 01-11 01:08
Wow, the liquidity is so shallow, what's the point of a 53x turnover rate?
View OriginalReply0
OldLeekNewSicklevip
· 01-10 11:58
53x turnover rate? This is definitely a Ponzi scheme to trap investors. With only 25.8K in liquidity, they still dare to play. One bearish candle and it's a limit-down.
View OriginalReply0
DAOdreamervip
· 01-10 02:34
53x turnover rate? You can't play with this level of liquidity depth; a single slap could cause a limit-down.
View OriginalReply0
MevSandwichvip
· 01-08 06:38
53x circulation... This liquidity depth is incredible, it can be smashed through in minutes --- Five wallets bottoming out? Institutional entry or a chain of traps, we’ll have to wait and see --- 24 hours down 56 points and then rebounded 10, this volatility... pure casino --- 173k market cap, 9.25m trading volume, these numbers look outrageous, be careful of being cut --- Liquidity is only 25.8k, playing like this with a slightly large order will be smashed through directly, not really for retail investors --- Institutional interest? It looks more like a feast of cutting leeks haha --- If you want to play, you need to enter with small amounts, set stop-losses tightly, or you'll lose everything and be left with nothing
View OriginalReply0
StillBuyingTheDipvip
· 01-08 06:37
53x liquidity conversion? How many whales are playing with this? --- 173K market cap, 9.25M trading volume, this liquidity is so thin it’s almost transparent. --- Five wallets building positions is called "institutional interest"? I feel like a few people are just flipping back and forth. --- Stop-loss is a must, or this micro-trading can wipe out your two months' salary in an instant. --- Down 56% and then rebounded 10%, this rhythm is incredible, it's totally a gamble. --- $25.8K liquidity depth compared to $9M daily trading volume, this is textbook-level liquidity trap, right? --- Micro-trading players love this kind of thing—either betting it will tenfold or betting it will go to zero, pick one. --- The movements of five wallets are worth paying attention to, but only if you survive to see the rebound moment.
View OriginalReply0
TopBuyerBottomSellervip
· 01-08 06:32
53x turnover rate? The liquidity is so thin it's like paper, ready to surge at any moment
View OriginalReply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)