Duna DefAi

Tax Report

QUICK RECOMMENDATION:

  • Action: AVOID
  • Confidence: HIGH
  • Reasons:
    1. Significant price declines in the 24h timeframe (-4% to -4.78%) across multiple pairs indicate unstable price performance.
    2. Low liquidity on most trading pairs (sub-$1,000 liquidity observed on multiple DEX pairs, except for the primary Raydium pair).
    3. Imbalanced buy/sell ratios on secondary pairs and volatile price movement, indicating weak market participation outside of the main trading pair.

DETAILED ANALYSIS:

1. Token Information:

  • Name: Hasbulla's Cat (BARSIK)
  • Chain: Solana
  • DEX (Primary Pair): Raydium
  • Current Price: $0.005755 (wrapped SOL pair on primary Raydium pool)
  • Market Cap: $5,755,561 (FDV consistent across pairs)

2. Timeframe Analysis:

Raydium (BARSIK/SOL) – Primary Pair Metrics:
  • 5m: -0.44% | Volume: $854.01 | Buys/Sells: 7/5
  • 1h: +0.48% | Volume: $3,754.57 | Buys/Sells: 17/18
  • 6h: -7.23% | Volume: $42,065.34 | Buys/Sells: 106/92
  • 24h: -4.33% | Volume: $283,648.92 | Buys/Sells: 647/642
Other Pairs (Highlighting key concerns):

  • Raydium (BARSIK/FRED) – Secondary Pair:

    • 5m: -0.52% | Volume: $363.73 | Buys/Sells: 0/5
    • 1h: +2.62% | Volume: $411.48 | Buys/Sells: 0/6
    • 6h: -6.04% | Volume: $1,304.08 | Buys/Sells: 9/16
    • 24h: -4.03% | Volume: $8,848.96 | Buys/Sells: 98/80

  • Meteora Pair (BARSIK/Pawel):

    • 5m: 0% | Volume: $0 | Buys/Sells: 0/0
    • 1h: 0% | Volume: $0 | Buys/Sells: 0/0
    • 6h: -7.00% | Volume: $12.40 | Buys/Sells: 1/3
    • 24h: -2.98% | Volume: $83.14 | Buys/Sells: 8/11

  • Orca Pair (BARSIK/SOL):

 - **5m:** 0% | Volume: $0 | Buys/Sells: 0/0
 - **1h:** 0% | Volume: $0 | Buys/Sells: 0/0
 - **6h:** -7.97% | Volume: $1.98 | Buys/Sells: 0/2
 - **24h:** -4.78% | Volume: $14.26 | Buys/Sells: 2/10

3. Risk Assessment:

  • Price Volatility: MEDIUM

    • 24h price changes range from -2.98% to -7.97% across pools, showing a consistent decline without severe spikes.

  • Market Cap Risk: LOW

    • Market cap is healthy at $5.75M, reducing the risk of complete illiquidity.

  • Trading Pattern Risk: MEDIUM

  • Imbalances observed in smaller pairs (e.g., Raydium BARSIK/FRED and Meteora BARSIK/Pawel).

  • Primary Raydium pair has relatively balanced buy/sell ratios but decreasing short-term volumes.

  • Project Risk: LOW
    • The token has an active website and social media presence (Twitter and Telegram links validate community existence).

4. Trading Metrics:

Buy vs Sell Pressure:
  • 24h Buy Ratio: ~50.2% (647 buys / 1,289 total txns) on primary pair
  • 6h Buy Ratio: ~53.5% (106 buys / 198 total transactions) on primary pair
  • 1h Buy Ratio: ~48.6% (17 buys / 35 total transactions) on primary pair
Volume Analysis by Timeframe (Raydium Primary Pair):
  • 24h Volume: $283,648.92
  • 6h Volume: $42,065.34
  • 1h Volume: $3,754.57

5. Critical Risk Factors:

  1. Declining Price Trend: Across all DEX pools, the 24h price change is negative despite moderate trading volumes on the primary pair. Secondary pairs show declining interest.
  2. Low Liquidity on Secondary Pairs: Except for the Raydium BARSIK/SOL pool ($630k liquidity), other pools have liquidity below $1,000—high risk for price spikes or manipulation.
  3. Weak Market Activity: Secondary pairs show low-to-almost-zero trading interest (e.g., Orca pair 24h volume: $14.26, no trades in multiple timeframes).
  4. Concentration Risk: Heavy reliance on the primary Raydium pool (~99% of total trading volume comes from Raydium BARSIK/SOL), which makes the price performance and token ecosystem fragile to disturbances on a single DEX.

Conclusion:

The Hasbulla's Cat token project (BARSIK) demonstrates decent primary trading volume and market cap but is plagued by price declines, low liquidity on secondary DEX pairs, and reducing buy momentum in shorter timeframes. While its fundamental social visibility is intact, the lack of robust trading on alternative pairs signals fragility.

Given these factors, pursuing an investment at this stage would entail significant volatility with limited upside potential. It's best to AVOID until market dynamics stabilize or the project proves its sustainability.

Dex