Duna DefAi

Tax Report

QUICK RECOMMENDATION:

  • Action: AVOID
  • Confidence: HIGH
  • Reasons:
    1. High Volatility: The primary pair on Raydium shows a 24h price increase of 25.34%, classifying price volatility as HIGH. Secondary pair shows similar trends with an 18.9% increase, indicating instability.
    2. Low Liquidity on Secondary Pair: The secondary pair has only $255.44 in liquidity, which raises concerns about ease of entry/exit for trading.
    3. Market Cap Risk: The market cap (~$493,859) is within the medium-risk range and further highlights potential overvaluation relative to volume/activity, particularly given limited adoption.

DETAILED ANALYSIS:

1. Token Information:

  • Name: WAGMEME
  • Chain: Solana
  • DEX: Raydium
  • Current Price: $0.0004938 (Primary Pair), $0.0004836 (Secondary Pair)
  • Market Cap: ~$493,859

2. Timeframe Analysis (Primary Pair):

  • 5m:

    • Price Change: +0.28%
    • Volume: $566.45
    • Buys/Sells: 2/1

  • 1h:

    • Price Change: +4.88%
    • Volume: $2,477.44
    • Buys/Sells: 15/6

  • 6h:

    • Price Change: +5.25%
    • Volume: $36,881.16
    • Buys/Sells: 93/84

  • 24h:

    • Price Change: +25.34%
    • Volume: $252,546.9
    • Buys/Sells: 629/607

Timeframe Analysis (Secondary Pair):

  • 5m:

    • Price Change: 0%
    • Volume: $0
    • Buys/Sells: 0/0

  • 1h:

    • Price Change: +5.27%
    • Volume: $0.99
    • Buys/Sells: 1/0

  • 6h:

    • Price Change: +4.13%
    • Volume: $9.37
    • Buys/Sells: 7/2

  • 24h:

    • Price Change: +18.9%
    • Volume: $54.62
    • Buys/Sells: 31/22

3. Risk Assessment:

  • Price Volatility: HIGH (Primary Pair: +25.34% in 24h; Secondary Pair: +18.9% in 24h)
  • Market Cap Risk: MEDIUM (Market cap of ~$493,859 falls between $100,000 and $1,000,000)
  • Trading Pattern Risk: LOW (Buys and sells over 24h on the primary pair are relatively balanced at 629/607)
  • Project Risk: MEDIUM (Moderate level of social presence with active Telegram and Twitter, but niche visibility and questionable fundamentals)

4. Trading Metrics (Primary Pair):

  • Buy vs Sell Pressure:

    • 24h Buy Ratio: ~50.87%
    • 6h Buy Ratio: ~52.54%
    • 1h Buy Ratio: ~71.43%

  • Volume Analysis:

    • 24h Volume: $252,546.9
    • 6h Volume: $36,881.16
    • 1h Volume: $2,477.44

(Secondary Pair):

  • Buy vs Sell Pressure:

    • 24h Buy Ratio: ~58.49%
    • 6h Buy Ratio: ~77.78%
    • 1h Buy Ratio: 100%

  • Volume Analysis:

    • 24h Volume: $54.62
    • 6h Volume: $9.37
    • 1h Volume: $0.99

5. Critical Risk Factors:

  • Liquidity Concerns: The secondary pair has extremely low liquidity ($255.44), making it impractical for trading larger amounts without significant slippage.
  • Over-Dependence on Primary Pair: The primary pair drives almost all activity, making the token vulnerable to a potential liquidity shock if large holders exit.
  • Medium Market Cap with Low Utility: The market cap (~$493,859) appears expensive for a niche MEME token with limited adoption and no significant technological innovation.

AUTOMATIC FLAG:

  • Price Change >= 25% in 24h triggers a volatility flag.
  • Secondary Pair Liquidity ($255.44) is an automatic red flag for any significant trading activity.
  • Market Risk due to medium-level capitalization and speculative nature.

Given the high price volatility, low liquidity in the secondary pair, and speculative nature of the project despite active social media presence, this token is marked as HIGH RISK with limited investment potential.

Dex