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Spotted some interesting movement on a Solana meme token called BIRDRIZZ today.
The 24-hour numbers are telling a story: buy-side volume hit around $40k while sells came in at roughly $33k. That's a net positive flow, though not exactly whale territory.
Here's the kicker though - market cap sitting at $28k with zero recorded liquidity. Yeah, you read that right. $0 liquidity on the books.
Classic Solana degen zone vibes. High volume relative to that tiny market cap, but that liquidity situation? Red flag city for anyone thinking about entering. No exit liquidity means you're basically playing musical chairs.
Anyone else tracking these micro-cap Solana plays? The risk-reward is wild, but that liquidity gap makes this one a hard pass for me.