basics · market cap · liquidity · 3 min read
What market cap, liquidity and volume mean on a FOMO token
On FOMO, a token's market cap is its price times its supply: what all the tokens would be worth at the last trade, not money anyone has put in. Liquidity is the money in the trading pool, and it decides how much of that market cap can actually be sold. Volume is how much traded recently, which tells you whether anyone is still there. Below, each number on a Fomo Trending row, then the pool math that ties them together.
By Fomo Trending · Published · Updated
the numbers on a Fomo Trending row
| on the board | what it means |
|---|---|
| MC | Market cap now: the latest DEX price × the token's supply as FOMO reports it. |
| Called at | FOMO's market cap for the token when it entered FOMO's Trending list. |
| Since call | MC ÷ Called at, as a multiple and a true percent (2x = +100%). |
| Liquidity | USD in the token's main DEX pool, both sides counted (DexScreener). |
| 6h volume | USD traded in the last 6 hours (DexScreener). |
| Age | Time since the token entered FOMO Trending. |
We value every token on FOMO's supply. Apps and DEX screeners often use different supply figures for the same token, bridged tokens especially, so one token can show different market caps in different places. Compare prices across apps, not market caps.
market cap is price × supply
A token with 1 billion tokens trading at $0.0005 has a $500.00K market cap; the memecoin market cap calculator converts between price and market cap both ways. That is about where tokens enter FOMO Trending: in our study of 415 of them, the median entry market cap was $501.08K.
Market cap is a mark, not a pot of money. It moves with the last trade, so a little buying can add a lot of it. In a constant-product pool holding $50.00K of liquidity ($25.00K a side), net buying of $10.36K doubles the price: a $500.00K token becomes a $1.00M token on $10.36K of new money. The same thin pool is why it can halve just as fast.
To see what a token would be worth at another coin's market cap, use the market cap comparison.
liquidity is what you can actually sell
Selling into a pool moves the price against you, and the damage grows faster than the sale. Sell $5,000 into a pool with $40.00K of liquidity: your order fills 20.00% below the pre-trade price, you receive $4,000.00 and the pool price ends 36.00% lower (constant-product math, pool fee aside). A sell of only $1,081.85 moves that pool 10%.
To reproduce it in the calculator below, type 40k as the pool liquidity, switch the side to sell and enter 5000 as the trade size.
your numbers
Pool fee and slippage (0.25% fee, 5% slippage by default)
your result
Largest buy for 1% impact: $300.75 · 5%: $1,503.76
Impact by trade size · cost of impact + fee
Your own price impact is already in the quote. Slippage tolerance only covers the pool moving between the quote and your transaction landing, for example other buyers or snipers in the same block.
Assumes a classic x·y=k pool (Raydium AMM, PumpSwap, Uniswap v2, Aerodrome volatile). Concentrated-liquidity pools (Raydium CLMM, Orca, Meteora DLMM, Uniswap v3) can be deeper or thinner near the price than their total liquidity suggests.
Liquidity ÷ market cap tells you how much of the market cap can realistically leave. A $2.00M token with $40.00K of liquidity has a 2.0% ratio; if holders tried to sell $100.00K into that pool, 5% of the market cap, the price would fall 97.22%. The liquidity to market cap ratio checker grades the ratio: under 2% very thin, 2 to 5% thin, 5 to 10% moderate, 10 to 30% healthy, above 30% deep.
your numbers
your result
Liquidity is what you can actually sell into; market cap is just price × supply. The lower the ratio, the bigger the gap between paper value and what holders can cash out.
Two caveats. Many memecoins trade in several pools, which adds depth beyond the main one. And concentrated-liquidity pools can be deeper or thinner near the price than their total suggests.
volume tells you whether anyone is still there
Volume is the USD value traded in a window; the board shows 6 hours. Compare it with the pool: $YAP's $238.10K of 6-hour volume on a $167.20K pool on 29 September was 1.42x turnover in six hours, an active market. Very high turnover (the ratio checker flags 20x in a day) can mean bots or a pump in progress.
Falling volume is the stronger signal. The board drops a token once it is 12 hours old and its 6-hour volume is under $10K. In our study that rule removed 299 of 415 tokens (72.0%) within days of their entry.
reading a row in ten seconds
- Since call: how far it has already run. Several x above its call, you are not early.
- Liquidity ÷ MC: under 5%, most of the market cap is paper.
- Your planned sell against the pool: check its price impact before you buy, not when you need out.
- 6h volume: below the pool size and falling means attention is leaving.
Then run the token scanner for the contract checks these numbers cannot show, and see how the board's tokens behave after they enter the list.
Not financial advice. Memecoins can go to zero; only trade what you can afford to lose.
get alerts when a token enters FOMO Trending
A free Telegram call the second a token enters FOMO's Trending list, with its market cap and contract, then an update at every new level from 2x. Today's list is live on the board, ranked by gain since the call.