Duna DefAi

Tax Report

QUICK RECOMMENDATION:

  • Action: AVOID
  • Confidence: HIGH
  • Reasons:
    1. Extremely low market cap of $22,702, indicating high risk and low liquidity.
    2. Significant price drop of -20.79% in the last 24 hours, showing weak market confidence.
    3. Lack of a website presence, which raises concerns about the project's legitimacy despite some social media links.

DETAILED ANALYSIS:

  1. Token Information:

    • Name: KRYO
    • Chain: Solana
    • DEX: Raydium
    • Current Price: $0.000002281
    • Market Cap: $22,702

  2. Timeframe Analysis:

    • 5m: -% price movement | Volume: $0 | Buys/Sells: 0/0
    • 1h: -% price movement | Volume: $0 | Buys/Sells: 0/0
    • 6h: -2.83% price movement | Volume: $169.94 | Buys/Sells: 4/3
    • 24h: -20.79% price movement | Volume: $2,292.37 | Buys/Sells: 19/24

  3. Risk Assessment:

  • Price Volatility: HIGH (24h price change of -20.79%)
  • Market Cap Risk: HIGH (Market cap is $22,702, far below the $100,000 threshold for low-risk projects)
  • Trading Pattern Risk: MEDIUM (Higher sell pressure with 24 sells vs. 19 buys in 24 hours)
  • Project Risk: HIGH (No website available; social links exist but insufficient to ensure credibility)

  1. Trading Metrics:

    • Buy vs Sell Pressure:

      • 24h Buy Ratio: 44.19% (19 buys out of 43 total trades)
      • 6h Buy Ratio: 57.14% (4 buys out of 7 trades)
      • 1h Buy Ratio: N/A (No trades in the last hour)

    • Volume Analysis:

      • 24h Volume: $2,292.37
      • 6h Volume: $169.94
      • 1h Volume: $0

  2. Critical Risk Factors:

    • Very Low Market Cap: With a market cap of just $22,702, the token is overly risky due to low liquidity and limited investor interest.
    • Steep Price Decline: A 20.79% drop in 24 hours indicates the token is losing value and investor confidence.
    • Lack of Website Presence: The project provides no specific website, which is a red flag in terms of transparency and professionalism.
    • Weak Liquidity: Although reported liquidity is about $12,999, this is insufficient to support long-term growth or stability.

Analysis Rules Triggered:

  1. Market Cap < $100,000: HIGH RISK.
  2. Price Decline > 20% in 24h: Demonstrates weak short-term performance and high volatility.
  3. No Website Presence: Raises significant doubts about the project's legitimacy.

Final Recommendation:
The KRYO token is deemed a HIGH RISK speculative asset with insufficient fundamentals to warrant investment at this time. The significant price drop, low market cap, absence of a professional website, and relatively low trade volume suggest avoiding this token unless substantial positive developments occur.

Dex