Spotted something interesting on BSC today - $RAFFLE is showing some wild movement patterns.
Running on PancakeSwap with these numbers: • Buy volume in 24h? Around $6.4K • Sell pressure? Nearly $18.4K (yeah, that's a 3:1 sell ratio) • Liquidity sitting at ~$6.7K • Market cap floating around $3.6K
That liquidity-to-MC ratio is basically 2:1, which is... unusual. Either someone's providing heavy LP support or this thing's teetering on razor-thin ice. The sell volume crushing buys isn't exactly a bullish signal either.
Anyone else tracking this token? Curious what's driving that sell pressure - early holders exiting or just low conviction?
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MetaverseHomeless
· 12-13 01:47
So much selling pressure, 3:1? You should have sold earlier; this liquidity is dead.
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MetaverseVagabond
· 12-11 19:50
Selling pressure is 3 to 1. Isn't this a death spiral? Everyone stay away.
View OriginalReply0
TommyTeacher
· 12-11 06:01
The selling pressure is so fierce, 3:1? You should have run already, buddy.
View OriginalReply0
StrawberryIce
· 12-11 06:00
3:1 selling pressure? Bro, this is obviously a signal to trap retail investors. The liquidity is so poor, it's definitely a tactic to pump up the price and dump.
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ClassicDumpster
· 12-11 05:58
Uh, this selling volume 3:1 buy volume? It looks like a sign of a rug pull... The liquidity to market cap ratio is also 2:1, which basically means it's a ticking time bomb.
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SellLowExpert
· 12-11 05:54
Selling pressure 3:1? That's obviously bleeding, early investors are fleeing.
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NFTPessimist
· 12-11 05:52
18K dumping the order at 6K, this buy and sell are obviously fake. Liquidity is still less than twice MC's, definitely a typical scam to harvest retail investors, next one.
Spotted something interesting on BSC today - $RAFFLE is showing some wild movement patterns.
Running on PancakeSwap with these numbers:
• Buy volume in 24h? Around $6.4K
• Sell pressure? Nearly $18.4K (yeah, that's a 3:1 sell ratio)
• Liquidity sitting at ~$6.7K
• Market cap floating around $3.6K
That liquidity-to-MC ratio is basically 2:1, which is... unusual. Either someone's providing heavy LP support or this thing's teetering on razor-thin ice. The sell volume crushing buys isn't exactly a bullish signal either.
Anyone else tracking this token? Curious what's driving that sell pressure - early holders exiting or just low conviction?