Duna DefAi

Tax Report

QUICK RECOMMENDATION:

  • Action: AVOID
  • Confidence: HIGH
  • Reasons:
    1. 24h Price Drop: The token has suffered a significant price decrease across multiple trading pairs, with reductions as steep as -37.34%, indicating poor market sentiment.
    2. Trading Volume Imbalance: While some pairs like Raydium have high volumes ($1,966,656.59 in 24h), others display extremely low liquidity (e.g., $234.79 for one DLMM pair), which reflects uneven adoption and market activity.
    3. Buy/Sell Pressure: Across almost all trading pairs, selling pressure outweighs buying pressure in the 24h timeframe (e.g., 3176 buys vs 2819 sells on Raydium). This highlights bearish momentum, suggesting further risks for price decline.

DETAILED ANALYSIS:

1. Token Information:

  • Name: quarm
  • Chain: Solana
  • DEX: Multiple (Raydium, Meteora DLMM)
  • Current Price: Range ($0.001486 – $0.001648 across pairs)
  • Market Cap: $1,486,062 – $1,649,650

2. Timeframe Analysis:

Raydium Pair (Primary Pair)

  • 5m: -1.32% | Volume: $918.06 | Buys/Sells: 2/4
  • 1h: 6.15% | Volume: $91,837.04 | Buys/Sells: 116/129
  • 6h: 103% | Volume: $978,336.99 | Buys/Sells: 1436/1315
  • 24h: -36.91% | Volume: $1,966,656.59 | Buys/Sells: 3176/2819

Meteora Pair 1 (Fo5Hw…)

  • 5m: 0% | Volume: $0 | Buys/Sells: 0/0
  • 1h: 0% | Volume: $0 | Buys/Sells: 0/0
  • 6h: 68.14% | Volume: $224.52 | Buys/Sells: 75/30
  • 24h: -30.32% | Volume: $3,759.38 | Buys/Sells: 119/122

Meteora Pair 2 (9XECX…)

  • 5m: 0% | Volume: $0 | Buys/Sells: 0/0
  • 1h: 12.12% | Volume: $108.32 | Buys/Sells: 3/2
  • 6h: 105% | Volume: $829.22 | Buys/Sells: 36/28
  • 24h: -37.34% | Volume: $1,427.19 | Buys/Sells: 55/82

Meteora Pair 3 (BYcjQ…)

  • 5m: 0% | Volume: $0 | Buys/Sells: 0/0
  • 1h: 10.5% | Volume: $61.99 | Buys/Sells: 3/2
  • 6h: -20.65% | Volume: $234.79 | Buys/Sells: 9/21
  • 24h: -20.65% | Volume: $234.79 | Buys/Sells: 9/21

3. Risk Assessment:

  • Price Volatility: HIGH (36.91% drop in 24h for Raydium, -37.34% for Meteora Pair 2)
  • Market Cap Risk: LOW (Market cap > $1,000,000 across all pairs)
  • Trading Pattern Risk: MEDIUM (Consistently greater sell pressure in 24h timeframe)
  • Project Risk: LOW (Strong presence: functioning website, Gitbook docs, active Twitter and Telegram groups)

4. Trading Metrics:

Buy vs Sell Pressure Ratios (Raydium Pair)

  • 24h Buy Ratio: 52.98% (3176 buys / 5995 total txns)
  • 6h Buy Ratio: 52.19% (1436 buys / 2751 total txns)
  • 1h Buy Ratio: 47.33% (116 buys / 245 total txns)

Volume Trends (Raydium Pair)

  • 24h Volume: $1,966,656.59
  • 6h Volume: $978,336.99
  • 1h Volume: $91,837.04

Observation: While the cumulative buy ratio suggests moderate buy activity, the sell pressure is consistent, signaling potential risk of further decline.

5. Critical Risk Factors:

  1. Price Instability Across Pairs: Significant 24h price volatility (-36.91%, -37.34%, -20.65%) indicates speculative behavior, high-risk trades, or lack of investor confidence.
  2. Liquidity Discrepancies: Liquidity is highly uneven, ranging from as high as ~$300,000 (Raydium) to as low as ~$911 (specific Meteora pair), which could amplify volatility on smaller pairs.
  3. Inconsistent Trading Activity: Several periods of no transactions (0 buys/sells on multiple Meteora pairs in the last 5m-1h) further emphasize uneven activity.
  4. Bearish Price Momentum: The token demonstrates consistent downward price action, reflecting poor market sentiment and a predominance of sellers in the last 24 hours.

Final Notes:

While the token has relatively good fundamentals (active website and socials), its recent price instability and extended sell pressure across trading pairs indicate a highly risky investment. Furthermore, liquidity discrepancies on secondary pairs and sharp 24h price declines create an environment unsuitable for entry at this stage. Proceed with caution, and reassess after observing stabilization or strong recovery signals.

Dex