Duna DefAi

Tax Report

QUICK RECOMMENDATION:

  • Action: AVOID
  • Confidence: HIGH
  • Reasons:
    1. High Market Cap Risk: The market cap is only $64,685, which is well below the $100,000 threshold for low-risk projects.
    2. Low Trading Activity: Minimal transaction volume, with only 8 buys and 10 sells in the last 24 hours, indicating low interest and liquidity concerns.
    3. Price Volatility Concerns: Although the token shows a 1.84% positive price change over the last 24 hours, the movements are small given the overall low volume, suggesting a lack of strong market momentum.

DETAILED ANALYSIS:

  1. Token Information:

    • Name: xzy protocol
    • Chain: Solana
    • DEX: Raydium
    • Current Price: $0.00006468
    • Market Cap: $64,685

  2. Timeframe Analysis:

    • 5m: 0.00% | Volume: $0.00 | Buys/Sells: 0/0
    • 1h: -0.79% | Volume: $10.02 | Buys/Sells: 1/0
    • 6h: +1.42% | Volume: $1,364.05 | Buys/Sells: 7/5
    • 24h: +1.84% | Volume: $1,823.61 | Buys/Sells: 8/10

  3. Risk Assessment:

  • Price Volatility: LOW (24h price change is only 1.84%)
  • Market Cap Risk: HIGH (Market cap is just $64,685)
  • Trading Pattern Risk: MEDIUM (24h buy/sell ratio shows slight sell pressure, with 10 sells vs 8 buys)
  • Project Risk: MEDIUM (The project has a working website and social media presence, but lacks proven utility or significant adoption at this stage)

  1. Trading Metrics:

    • Buy vs Sell Pressure:
      • 24h Buy Ratio: 44.44% (8 buys out of 18 total transactions)
      • 6h Buy Ratio: 58.33% (7 buys out of 12 total transactions)
      • 1h Buy Ratio: 100% (1 buy out of 1 total transaction)
    • Volume Analysis:
      • 24h Volume: $1,823.61
      • 6h Volume: $1,364.05
      • 1h Volume: $10.02

  2. Critical Risk Factors:

    • Extremely low liquidity and market activity (only $1,823.61 of 24-hour volume on a decentralized exchange).
    • Market cap under $100,000, categorizing this token as high-risk and prone to volatility or manipulation.
    • Limited transaction activity; 8 buys and 10 sells in 24 hours indicate weak demand and trading appeal.
    • No highly visible utility or significant adoption metrics publicly available, limiting confidence in long-term potential.

FINAL NOTES:

The xzy protocol token appears highly speculative with major liquidity and market cap risks. While it has a minimal positive price change over the past 24 hours, the low transaction volume and market cap indicate a lack of interest from the broader crypto community. Additionally, the project doesn’t seem to show unique utility or strong use cases thus far.

For investors, this token represents a high-risk proposition, and I recommend AVOIDING it until clearer adoption metrics or stronger trading signals emerge.

Dex