QUICK RECOMMENDATION:
- Action: HOLD
- Confidence: MEDIUM
- Reasons:
- High trading activity with significant buy volume on the Raydium exchange indicates strong market interest (24h volume: $6,347,235 with 15,000+ transactions combined).
- Substantial 24h price increases across pairs (~56.43% on Raydium, ~52.99% on one Meteora pair), suggesting heavy speculation and demand.
- The project demonstrates credibility with active website and social media presence (both Twitter and Telegram channels are active).
DETAILED ANALYSIS:
1. Token Information:
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Name: Built Different (BUILT)
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Chain: Solana
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DEX: Raydium & Meteora
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Current Price:
- Raydium Pair: $0.004173
- Meteora Pair 1: $0.002574
- Meteora Pair 2: $0.004047
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Market Cap:
- Raydium Pair: $4,173,123
- Meteora Pair 1: $2,574,200
- Meteora Pair 2: $4,047,211
2. Timeframe Analysis:
Raydium Pair:
- 5m: -2.16% | Volume: $12,663.46 | Buys/Sells: 42/48
- 1h: +8.17% | Volume: $414,462.49 | Buys/Sells: 913/640
- 6h: +18.59% | Volume: $1,483,550.07 | Buys/Sells: 3,496/2,464
- 24h: +56.43% | Volume: $6,347,235 | Buys/Sells: 14,763/9,741
Meteora Pair 1:
- 5m: No activity recorded in this interval.
- 1h: No activity recorded.
- 6h: No activity recorded.
- 24h: -4.42% | Volume: $976.34 | Buys/Sells: 6/2
Meteora Pair 2:
- 5m: -7.8% | Volume: $78.32 | Buys/Sells: 0/8
- 1h: +3.36% | Volume: $1,693.41 | Buys/Sells: 33/31
- 6h: +11.37% | Volume: $8,363.90 | Buys/Sells: 172/126
- 24h: +52.99% | Volume: $19,266.12 | Buys/Sells: 490/464
3. Risk Assessment:
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Price Volatility: HIGH (56.43% increase over 24h on the Raydium pair signals significant price swings).
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Market Cap Risk: LOW-to-MEDIUM
- Raydium Pair: $4.17M
- Meteora Pair 1: $2.57M
- Meteora Pair 2: $4.04M
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Trading Pattern Risk: MEDIUM
- Raydium shows consistent buy pressure, but shorter intervals like 5m and 1h show occasional sell dominance (e.g., 5m: 48 sells vs. 42 buys).
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Project Risk: LOW
- Credible online presence through a professional website and active Twitter/Telegram channels strengthens reliability.
4. Trading Metrics:
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Buy vs Sell Pressure (Raydium Pair):
- 24h Buy Ratio: ~60.2% (14,763 buys / (14,763 + 9,741))
- 6h Buy Ratio: ~58.6% (3,496 buys / (3,496 + 2,464))
- 1h Buy Ratio: ~58.8% (913 buys / (913 + 640))
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Volume Analysis (Raydium Pair):
- 24h Volume: $6,347,235
- 6h Volume: $1,483,550
- 1h Volume: $414,462
5. Critical Risk Factors:
- Price Surge:: The 24h price increase of 56.43% puts it in the "HIGH volatility" category, suggesting a speculative or momentum-driven market entry.
- Imbalance Across DEXes: Raydium overwhelmingly dominates in both volume and transaction activity, while Meteora pairs show comparatively minimal engagement—highlighting dependency on one major liquidity pool.
- 5m Weakness: The most recent price data (5m interval) shows minor negative trends across all pairs, indicating potential pullbacks in the short-term.
KEY NOTES:
- Strength: Robust liquidity on Raydium ($325,810) and a high 24h trading volume, coupled with a professional presence and a $4M+ market cap, signal legitimacy.
- Weakness: Short-term sell-offs and discrepancy in activity between the Raydium and Meteora platforms may hinder uniform growth.
FINAL COMMENT:
The strong performance and active community make Built Different (BUILT) a promising speculative or short-term holding. However, due to high 24h price changes and dependence on a single dominant exchange (Raydium), investors should approach cautiously.