A Comprehensive Look at the ELON/SOL Trading Pair on Raydium

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This article provides a detailed analysis of the ELON/SOL token pair, a popular trading option on the Raydium decentralized exchange. We will cover its current market performance, key statistics, and essential details for any potential trader or investor.

Current ELON/SOL Market Performance

The ELON token, trading against Solana (SOL), is a notable asset within the decentralized finance (DeFi) ecosystem. Understanding its real-time metrics is crucial for making informed decisions.

The live price of ELON/SOL is $0.00116, reflecting a 24-hour change of -14.07%. Despite this recent dip, trading activity remains robust, with a 24-hour trading volume of $93,119.55 spread across 852 individual transactions.

Key price levels to watch include:

At the current exchange rate, 1 ELON is valued at approximately 0.000007596 SOL. Conversely, 1 US Dollar would allow you to acquire roughly 862.19 ELON tokens.

Core Tokenomics and Liquidity Data

A deep dive into the token's fundamentals reveals its market structure and stability.

The contract address for this token is 5c4znipkjwGe9PFJay3EswDr3kxAmg2FX1CJsggybEjh. The Fully Diluted Valuation (FDV) stands at $1.16 million, offering a perspective on the asset's potential market cap if all tokens were in circulation.

Liquidity is a critical factor for any tradable asset. The ELON/SOL pool boasts a strong liquidity pool of $343.65K. This liquidity is breakdown as follows:

An encouraging sign for investors is that 99.98% of this liquidity is locked, significantly reducing the risk of a "rug pull" scenario.

Trading and Holder Information

The ELON/SOL pool has established itself over time, having been created five months ago. Activity is consistent, with the most recent transaction occurring within the last 24 hours. Data also indicates that 57% of all tokens were purchased via bundled buys.

The token boasts a substantial community, with approximately 129,970 holders. The largest holder of ELON tokens is a Raydium contract address (5Q544fKrFoe6tsEbD7S8EmxGTJYAKtTVhAW5Q5pge4j1), which owns 147.67 million tokens valued at roughly $171,275.59. This is a standard practice for the liquidity pool itself.

For those looking to engage with this asset, the ELON/SOL pair is available for trading on several platforms, including Raydium, Jupiter, and Phantom, among other decentralized exchanges. To explore real-time charts and execute trades on a major platform, you can view the live ELON/SOL chart here.

Frequently Asked Questions

What is the contract address for the ELON/SOL token?
The official contract address is 5c4znipkjwGe9PFJay3EswDr3kxAmg2FX1CJsggybEjh. Always verify this address on a block explorer before making any transactions to avoid scams.

How secure is the ELON/SOL liquidity pool?
The pool demonstrates strong security characteristics. The minting and freezing authority for the token is disabled, and an overwhelming 99.98% of the provided liquidity is locked, which greatly minimizes certain DeFi-related risks.

Where can I buy and trade the ELON/SOL token?
This trading pair is primarily available on decentralized exchanges within the Solana ecosystem. You can trade it on Raydium, Jupiter, Phantom, and via various trading bots. For a comprehensive trading experience, explore more strategies on advanced platforms.

What does a GT Score of 65.14 mean?
The GT Score is a metric used by some analytics platforms to gauge a token's overall health based on liquidity, trading activity, and holder count. A score of 65.14 suggests moderate performance and interest.

Is the ELON token associated with Elon Musk?
It is crucial to understand that this cryptocurrency is a community-driven meme coin and is not officially affiliated with or endorsed by Elon Musk. Always conduct your own research before investing in any asset.

What is the significance of the liquidity being locked?
Locked liquidity means the funds provided to the trading pair are secured in a smart contract for a set period. This prevents developers from withdrawing the funds unexpectedly, thereby increasing trust and security for investors.