Duna DefAi

Tax Report

QUICK RECOMMENDATION:

  • Action: AVOID
  • Confidence: HIGH
  • Reasons:
    1. High Price Volatility: The token has experienced a 24h price drop of over -21.53% on Raydium and -17.51% on Meteora, indicating high volatility and potential uncertainty in price stability.
    2. Potential Decline in Interest: Significant selling pressure relative to buys within the last hour (48 buys vs. 20 sells on Raydium) and a negative trend in short-term price changes.
    3. Liquidity Disparity: While the Raydium pair has decent liquidity ($206,910.23), the Meteora pair has very low liquidity ($6,155.90), which can affect execution and slippage.

DETAILED ANALYSIS:

  1. Token Information:

    • Name: Being_AI (BEINGAI)

    • Chain: Solana

    • DEX: Raydium, Meteora

    • Current Price:

      • Raydium: $0.001044
      • Meteora: $0.001045

    • Market Cap:

      • Raydium: $1,044,147
      • Meteora: $1,045,972

  2. Timeframe Analysis:

    Raydium:

    • 5m: -0.06% | Volume: $104.31 | Buys/Sells: 0/1
    • 1h: -5.99% | Volume: $21,248.44 | Buys/Sells: 48/20
    • 6h: -4.76% | Volume: $107,865.16 | Buys/Sells: 208/176
    • 24h: -21.53% | Volume: $579,314.78 | Buys/Sells: 965/903

    Meteora:

    • 5m: +3.08% | Volume: $12.19 | Buys/Sells: 1/0
    • 1h: -7.21% | Volume: $851.46 | Buys/Sells: 2/6
    • 6h: -3.74% | Volume: $4,414.21 | Buys/Sells: 16/27
    • 24h: -17.51% | Volume: $14,428.97 | Buys/Sells: 83/102

  3. Risk Assessment:

  • Price Volatility: HIGH (-21.53% and -17.51% 24h price change on Raydium and Meteora, respectively).
  • Market Cap Risk: MEDIUM (Market cap is slightly above $1M, reducing the likelihood of extreme manipulation but vulnerable to medium-scale shifts).
  • Trading Pattern Risk: HIGH (High sell pressure, particularly on Meteora, with more sells than buys).
  • Project Risk: MEDIUM (The project has an active website and social media presence, but the declining price and volume signal potential loss of momentum).

  1. Trading Metrics:

    Buy vs Sell Pressure:

    • Raydium:

      • 24h Buy Ratio: 51.68% (965/(965+903))
      • 6h Buy Ratio: 54.16% (208/(208+176))
      • 1h Buy Ratio: 70.59% (48/(48+20))

    • Meteora:

      • 24h Buy Ratio: 44.86% (83/(83+102))
      • 6h Buy Ratio: 37.21% (16/(16+27))
      • 1h Buy Ratio: 25.00% (2/(2+6))

    Volume Analysis:

    • Raydium:

      • 24h Volume: $579,314.78
      • 6h Volume: $107,865.16
      • 1h Volume: $21,248.44

    • Meteora:

      • 24h Volume: $14,428.97
      • 6h Volume: $4,414.21
      • 1h Volume: $851.46

  2. Critical Risk Factors:

    • The token has been on a consistent downward price trend across all timeframes on both DEXs, reflecting a loss of demand.
    • High selling pressure on the Meteora pair, especially in the last 1 hour (25% buy ratio).
    • Extremely low liquidity on Meteora ($6,155.90) could lead to significant slippage.

CONCLUSION:

While the market cap and liquidity on Raydium are decent, the token is exhibiting high price volatility and declining interest, as evidenced by negative price trends and a high sell-to-buy ratio. Additionally, Meteora's low liquidity and overall lower trading activity highlight inefficiencies and risks in the ecosystem. Proceeding with caution is advisable, and at present, the token is not a favorable investment candidate.

Dex