Spotted an interesting data point on a Solana meme token called Orange today. The 24-hour trading activity shows some asymmetry worth noting.

Buy-side volume clocked in at around $23.4K while sell pressure registered $18.1K over the same window. That's roughly a 1.3:1 buy-to-sell ratio, suggesting short-term accumulation bias among traders.

Market cap sits at approximately $20K, which places this firmly in micro-cap territory. Liquidity data wasn't available in the snapshot, but given the size, it's likely thin—meaning price can swing hard on relatively small orders.

Typical PumpFun launch dynamics at play here. Whether this thing has legs or fades into obscurity depends entirely on whether the community sticks around past the initial speculation phase. For now, it's just another data point in the endless churn of Solana's meme token factory.