Duna DefAi

Tax Report

QUICK RECOMMENDATION:

  • Action: AVOID
  • Confidence: HIGH
  • Reasons:
    1. Extremely high price volatility: Pair on Meteora shows a 49.36% drop in 24h, while others show inconsistent 24h changes like 57.13% up (Meteora) and 15.47% up (Raydium).
    2. Reduced confidence in buy ratios: Over the last 24h, all pairs show close buy/sell ratios, but one pair has extreme selling pressure (17 buys vs 42 sells on Meteora).
    3. Low market cap and potential isolation of liquidity: While market caps hover between $954,175 to $1,648,650, liquidity on some pairs is extremely low (as low as $756.69 USD).

DETAILED ANALYSIS:

1. Token Information:

  • Name: Quarm
  • Chain: Solana
  • DEX: Raydium, Meteora
  • Current Price: Between $0.0009541 and $0.001648
  • Market Cap: Between $954,175 and $1,648,650

2. Timeframe Analysis (Key Metrics for Each Pair):

Raydium Pair:

  • 5m: Price Change: 0.7% | Volume: $2,686.14 | Buys/Sells: 6/4
  • 1h: Price Change: 3.14% | Volume: $17,472.78 | Buys/Sells: 41/30
  • 6h: Price Change: -33.42% | Volume: $403,874.68 | Buys/Sells: 684/517
  • 24h: Price Change: 15.47% | Volume: $1,734,166.75 | Buys/Sells: 2878/2547

Meteora Pair 1:

  • 5m: No trading activity
  • 1h: No trading activity
  • 6h: No trading activity
  • 24h: Price Change: 57.13% | Volume: $224.52 | Buys/Sells: 75/30

Meteora Pair 2:

  • 5m: No trading activity
  • 1h: No trading activity
  • 6h: Price Change: -32.33% | Volume: $714.17 | Buys/Sells: 8/11
  • 24h: Price Change: 9.05% | Volume: $1,695.49 | Buys/Sells: 54/55

Meteora Pair 3:

  • 5m: No trading activity
  • 1h: Price Change: -2.6% | Volume: $7.29 | Buys/Sells: 0/1
  • 6h: Price Change: -32.82% | Volume: $279.97 | Buys/Sells: 6/18
  • 24h: Price Change: -49.36% | Volume: $558.34 | Buys/Sells: 17/42

3. Risk Assessment:

  • Price Volatility: EXTREME

    • Across multiple pairs, 24h price changes range between -49.36% and 57.13%, contributing to significant risk.

  • Market Cap Risk: MEDIUM

    • Market caps are above $900,000, reducing some risk, but they remain under $2M.

  • Trading Pattern Risk: HIGH

    • Imbalance between buy and sell pressures on certain pairs (17 buys vs 42 sells on Meteora is a red flag). Lack of uniform trading activity suggests fragmented markets.

  • Project Risk: LOW

    • The project has a legitimate website presence (quarm.io) and social media presence (Twitter and Telegram).

4. Trading Metrics:

  • Buy vs Sell Pressure across timeframes

    • 24h Buy Ratio: Raydium: 53%, Meteora ranges between 45% to 71%.
    • 6h Buy Ratio: Raydium: 57%, Meteora ranges between 42% to 56%.
    • 1h Buy Ratio: Raydium: 57%, Meteora has no activity for some pairs.

  • Volume Analysis

    • 24h Volume: Raydium: $1,734,166.75, Meteora ranges between $224.52 to $1,695.49.
    • 6h Volume: Raydium: $403,874.68, Meteora ranges between $0 to $714.17.
    • 1h Volume: Raydium: $17,472.78, Meteora mostly inactive.

5. Critical Risk Factors:

  • Extreme Price Volatility: The pairs display unpredictable price actions, ranging from large upward momentum (+57.13% on Meteora) to severe downward corrections (-49.36% on Meteora).
  • Low Liquidity on Some Pairs: For example, the pair on Meteora with $756.69 of liquidity poses significant risks to token stability.
  • Fragmented Trading Activity: Significant inactivity on some pairs and highly imbalanced buy/sell patterns make the market unreliable.

Final Notes:

The token exhibits highly fragmented market behavior and extreme price volatility across its pairs, especially on the Meteora DEX. Liquidity issues further heighten concerns, especially given the sharp sell pressure in certain pairs. While the project has a legitimate presence online, these risks make it unsuitable for investment at the moment.

Recommendation to AVOID stands firm.

Dex