The same $CAKE , but the liquidity in the two pools differs by nearly 4x.
Numbers pulled from DexScreener this morning:
The main pool for $CAKE vs. $BNB has about $840,000 in liquidity.
24-hour volume is about $1.02 million, with 2,772 buys and 2,230 sells.
For the same token, the $USDT pool has only about $216,000 in liquidity and roughly $25,000 in 24-hour volume.
A deep pool can absorb orders; in a shallow pool, a single order can send the price crashing through.
Before placing an order, take 30 seconds to check three numbers:
Liquidity, 24-hour volume, and the number of buys and sells.
There’s just one place to go: search for the token on DexScreener and select the pool with the highest volume. No need to connect your wallet.
If all three numbers are low, don’t rush in with a market order.
#OnChainTest
Numbers pulled from DexScreener this morning:
The main pool for $CAKE vs. $BNB has about $840,000 in liquidity.
24-hour volume is about $1.02 million, with 2,772 buys and 2,230 sells.
For the same token, the $USDT pool has only about $216,000 in liquidity and roughly $25,000 in 24-hour volume.
A deep pool can absorb orders; in a shallow pool, a single order can send the price crashing through.
Before placing an order, take 30 seconds to check three numbers:
Liquidity, 24-hour volume, and the number of buys and sells.
There’s just one place to go: search for the token on DexScreener and select the pool with the highest volume. No need to connect your wallet.
If all three numbers are low, don’t rush in with a market order.
#OnChainTest
