#MemecoinSentiment What Happened to $BANANAS31 ?
๐ฅ Sudden Price Spike to $0.07
The coin either launched or relisted recently and instantly shot up in price to around $0.07 โ but without any clear reason or roadmap.
๐ Possible Reasons:
Low Liquidity / Thin Order Book
With very little volume or liquidity, even a small buy can send the price flying.
This happens a lot with new meme coins or stealth launches.
Fake Pump (Insider Wallets or Bots)
Devs or insiders sometimes create artificial buying pressure.
Then they sell into the hype, leaving new buyers trapped at the top.
Snipers & MEV Bots
Automated bots often detect new listings and buy them instantly.