Duna DefAi

Tax Report

QUICK RECOMMENDATION:

  • Action: AVOID
  • Confidence: HIGH
  • Reasons:
    1. Significant 24h price drop across most pairs, with the largest decrease at -20.65% (Pair: BYcjQQ5hgDZ9MZTRfNyBKbLwY3r1QY2fbLp9er8sf25T).
    2. Highly fragmented liquidity and low trading activity on several pairs. Notably, liquidity as low as $911.54 on the fourth pair and 24h volume below $1,500 on two pairs.
    3. Sustained sell pressure across all timeframes, evidenced by a cumulative higher number of sell transactions versus buys in 24h metrics across pairs.

DETAILED ANALYSIS:

1. Token Information:

  • Name: quarm
  • Chain: Solana
  • DEX: Raydium, Meteora
  • Current Price (Range): $0.001493 – $0.001648
  • Market Cap (Range): $1,492,995 – $1,648,650

2. Timeframe Analysis (Aggregated across pairs):

  • 5m: Limited activity (only Raydium pair), 3 buys vs 3 sells, $167.02 traded volume.
  • 1h: Very low trading activity on most pairs:
    • Buys: 64 (Raydium), others 0.
    • Sells: 70 (Raydium), others 0.
    • Volume: $30,414.37 (Raydium only).
  • 6h: Moderate activity, yet more sell pressure than buys:
    • 1,447 sells vs 1,437 buys, net sell imbalance.
    • Volume: Capped at $871,495.09 on Raydium.
  • 24h: Declines visible. Total transactions across all pairs:
    • Buys: 3,188
    • Sells: 2,840
    • Sell pressure lingers across the board.

3. Risk Assessment:

  • Price Volatility: HIGH (Most pairs dropped by over 15% in 24h; notable extreme at -20.65%).
  • Market Cap Risk: LOW (Market cap well above $1M threshold).
  • Trading Pattern Risk: MEDIUM-HIGH (Consistently higher sell ratios).
  • Project Risk: LOW (Presence of website quarm.io, documentation, and active social channels on platforms like Twitter and Telegram).

4. Trading Metrics (Raydium as the lead pair):

  • Buy vs Sell Pressure:
    • 24h Buy Ratio: ~53% (3032/5700 total trades), reasonable balance but leaning toward more sells.
    • 6h Buy Ratio: ~52.5% (1,338/2,600 total trades), slight bias toward sells.
    • 1h Buy Ratio: ~47.7% (64/134 total trades), clear short-term sell pressure.
  • Volume Analysis:
    • 24h Volume: ~$1,866,069.77 (Raydium leading).
    • 6h Volume: ~$871,495.09 (Raydium leading).
    • 1h Volume: ~$30,414.37 (Raydium leading).

5. Critical Risk Factors:

  • Price Decline Pressure: The collective 24-hour price performance across pairs indicates a substantial reduction in value (e.g., Raydium -15.71%, Meteora pairs -20.65%, -18.36%). This implies poor momentum and declining sentiment.
  • Liquidity Fragmentation: The most liquid pair operates on Raydium with $307,528.92 USD, while other pairs like BYcjQQ5hgDZ9MZTRfNyBKbLwY3r1QY2fbLp9er8sf25T barely maintain $911.54 USD liquidity.
  • Volume Concentration: Majority of the activity (~99%) is isolated to the Raydium pair, leaving other pairs highly exposed to illiquidity and price manipulation.
  • Sell Pressure in Shorter Periods: Observations in the 6h and 1h timeframes show declining buy interest, reflecting a lack of confidence to retain tokens.

Conclusion:
The project boasts a noteworthy market cap, website, and social presence, which mitigates project-specific risks slightly. However, severe sell pressure, illiquid pairs, fragmented trading volume, and recent price drops mark "quarm" as a high-risk investment at this time. Any further price deterioration or drop in sentiment could exacerbate losses. It is best to AVOID until conditions improve significantly or trade dynamics stabilize.

Dex