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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.