There is a token on the Solana chain that has been quite active recently. The trading volume for buys within the past 24 hours reached around $1.28 million, and sells also exceeded $1.25 million, indicating that both sides are willing to enter and exit. However, liquidity is relatively tight, with only over $40,000 in depth. In such a situation, large transactions can easily cause slippage. The current market cap is approximately $180,000.

The characteristics of this type of new token are high volatility and shallow liquidity. It's best to understand the project background before trading to avoid being scared by sudden price swings. There are quite a few such token projects in the Solana ecosystem; some can succeed, while others fade into silence.