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A new token $ARENA has recently attracted a lot of attention on the Solana chain.
Looking at the data: in the past 24 hours, the buy trading volume was $12,358, and the sell trading volume was $7,766. It seems that funds are still flowing in. However, liquidity is currently almost nonexistent, with a market cap of only $17,263, indicating an extremely early stage.
These types of new on-chain tokens tend to have high volatility, with a noticeable difference between buy and sell volumes. If you're interested, you can keep an eye on its trend. Of course, projects like this carry significant risks, so it's important to do your homework.