Duna DefAi

Tax Report

QUICK RECOMMENDATION:

  • Action: AVOID
  • Confidence: HIGH
  • Reasons:
    1. Significant 24h Price Declines Across Multiple Pairs: All pairs involving the token IQ6900 show negative 24h price changes (-9.77% to -25.05%), signaling potential bearish momentum.
    2. Low Market Liquidity on Key Pairs: Several pairs have low liquidity (e.g., $138.29 for a USDC pair and under $60 for smaller pairs), which increases slippage risk and limits trading scalability.
    3. Buy/Sell Imbalances and High Risk Factors: The trading activity in the last 24h indicates more dominant selling pressure in key pairs (e.g., 2450 buys vs 1986 sells and 19 buys vs 28 sells in smaller pairs), with some sporadic buy-sell ratios showing extreme imbalance.

DETAILED ANALYSIS:

1. Token Information:

  • Name: IQ6900
  • Chain: Solana
  • DEX: Raydium, Meteora
  • Current Price (Primary Pair): $0.008620
  • Market Cap: $8,612,693 (average across primary pairs)

2. Timeframe Analysis (Primary Pair on Raydium):

  • Timeframe Data for Pair: IQ6900 / Wrapped SOL
    • 5m: +0.59% | Volume: $1,557.05 | Buys/Sells: 3/6
    • 1h: +2.53% | Volume: $77,582.49 | Buys/Sells: 75/51
    • 6h: +10.15% | Volume: $433,870.53 | Buys/Sells: 406/336
    • 24h: -20.62% | Volume: $1,999,731.93 | Buys/Sells: 2450/1986

3. Risk Assessment:

  • Price Volatility: HIGH
    • Primary pair recorded a 20.62% decline over the past 24 hours.
  • Market Cap Risk: LOW
    • Market Cap across main pairs, including FDV values, remains above $8M, reducing collapse risk.
  • Trading Pattern Risk: MEDIUM
    • Sell pressure is moderate overall but trending increasingly negative in 24 hours; sporadic 1h recovery does not appear sustainable.
  • Project Risk: LOW
    • The token has a website (https://iq6900.com/) and active social media platforms (Twitter, Telegram).

4. Trading Metrics:

  • Buy vs Sell Pressure (Primary Pair: Raydium / Wrapped SOL):

    • 24h Buy Ratio: 55.22% (2450 buys / 4436 total transactions)
    • 6h Buy Ratio: 54.71% (406 buys / 742 total transactions)
    • 1h Buy Ratio: 59.49% (75 buys / 126 total transactions)

  • Volume Analysis:

    • 24h Volume: $1,999,731.93
    • 6h Volume: $433,870.53
    • 1h Volume: $77,582.49

5. Critical Risk Factors:

  1. Declining 24h Price Across All Pairs: Despite minor short-term recoveries within the last 6h and 1h periods, every IQ6900 pair analyzed shows a negative 24h price trend, suggesting an overarching bearish sentiment.
  2. Low Liquidity in Critical Pairs: Some pairs have liquidity metrics significantly under $15,000, making them unsuitable for heavy trading activity.
  3. High-Risk Smaller Pairs: Extreme sell pressure, such as the GUANO/IQ6900 and POWER/IQ6900 pairs with <$65 liquidity, suggests failed combinations and lack of confidence in auxiliary trading pools.
  4. No Organic Volume Spikes: While trading is moderate on the main pair, no large positive volume shifts were observed, indicating limited investor interest.

Conclusion:

The token IQ6900 presents high short-term risk due to its negative 24h performance, low liquidity in smaller pairs, sporadic buy/sell imbalances, and no major positive trading signals. While its market cap is above critical levels, the overall sentiment leans bearish, and it is unfit for speculative investments at this time.

Dex