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Recently discovered a new project named $Nutmeg in the Solana ecosystem, deployed on the Meteora platform. According to on-chain data, the current market capitalization of this token is around $73k, with a liquidity pool depth of about $1.4k.
Observing the trading activity, the buying volume in the past 24 hours reached $46, while the selling volume was 0. This situation is relatively common in new projects—typically reflecting a thin liquidity and limited trading participation. The contract address is FFeUB3jDF9Ny11paUc78DMax1rjHw2ZZUoWjVXEkqtEY, interested friends can verify the on-chain data themselves.
As an emerging project in the Solana ecosystem, these types of tokens often carry higher risks and uncertainties. It is advisable to thoroughly understand the project's fundamentals and team background before trading.