Duna DefAi

Tax Report

QUICK RECOMMENDATION:

  • Action: AVOID
  • Confidence: HIGH
  • Reasons:
    1. Significant selling pressure across both pairs in the last 24 hours (93 sells vs 65 buys on the ETH pair; 10 sells vs 1 buy on the USDC pair).
    2. Minimal trading activity in shorter timeframes (e.g., no activity in the last 5 minutes or 1 hour for USDC pair; 0 buy/sell in the last 5 minutes for ETH pair).
    3. Moderate market cap with a declining token price on the USDC pair (-1.97% in 24h) and lack of volume growth indicates potential stagnation.

DETAILED ANALYSIS:

  1. Token Information:

    • Name: Layer3 (L3)
    • Chain: Ethereum
    • DEX:
      • ETH Pair: Uniswap Link
      • USDC Pair: Uniswap Link
    • Current Price (USD):
      • ETH Pair: $0.1239
      • USDC Pair: $0.1398
    • Market Cap:
      • ETH Pair: $64.73M
      • USDC Pair: $72.99M

  2. Timeframe Analysis (ETH Pair):

    • 5m: +0% | Volume: $0 | Buys/Sells: 0/0
    • 1h: +3.67% | Volume: $4,182.31 | Buys/Sells: 4/0
    • 6h: +6.84% | Volume: $17,962.13 | Buys/Sells: 12/12
    • 24h: +7.05% | Volume: $117,459.18 | Buys/Sells: 65/93

    Timeframe Analysis (USDC Pair):

    • 5m: +0% | Volume: $0 | Buys/Sells: 0/0
    • 1h: +0% | Volume: $0 | Buys/Sells: 0/0
    • 6h: +0% | Volume: $0 | Buys/Sells: 0/0
    • 24h: -1.97% | Volume: $12,126.1 | Buys/Sells: 1/10

  3. Risk Assessment:

  • Price Volatility: LOW (Price change of +7.05% and -1.97% on ETH and USDC pairs respectively over 24h, both under 20%)
  • Market Cap Risk: LOW (Market cap >$1,000,000 for both pairs: $64.73M on ETH pair and $72.99M on USDC pair)
  • Trading Pattern Risk: HIGH (Significant sell pressure: 24h sell ratio at 58.85% for ETH pair and 90.91% for USDC pair)
  • Project Risk: MEDIUM (Token seems established with decent liquidity, but lack of website/social media data hinders deeper assessment)

  1. Trading Metrics:

    • Buy vs Sell Pressure:
      • ETH Pair:
        • 24h Buy Ratio: 41.15% (65/(65 + 93))
        • 6h Buy Ratio: 50% (12/(12 + 12))
        • 1h Buy Ratio: 100% (4/(4 + 0))
      • USDC Pair:
        • 24h Buy Ratio: 9.09% (1/(1 + 10))
        • 6h Buy Ratio: 0% (0/(0 + 0)) – No activity
        • 1h Buy Ratio: 0% (0/(0 + 0)) – No activity
    • Volume Analysis:
      • 24h Volume:
        • ETH Pair: $117,459.18
        • USDC Pair: $12,126.1
      • 6h Volume:
        • ETH Pair: $17,962.13
        • USDC Pair: $0
      • 1h Volume:
        • ETH Pair: $4,182.31
        • USDC Pair: $0

  2. Critical Risk Factors:

    • ETH pair shows a significant sell-off trend in the last 24 hours (93 sells vs 65 buys), indicative of a bearish sentiment.
    • USDC pair shows extreme selling imbalance (90.91% sell pressure in the last 24h with zero buys recorded in the last 6 hours).
    • Low short-term activity (lack of buys/sells in the last 5 minutes and 1 hour on the USDC pair) could suggest waning interest.
    • No website or social media presence was listed in the provided data, adding to project uncertainty and trust issues.

Recommendation Logic:

  1. Liquidity and Volume Risks: While there is substantial liquidity ($260K+ for ETH pair and $291K+ for USDC pair), the declining trade activity and sell pressure could indicate a lack of confidence in the token.
  2. 24h Performance vs Selling Pressure: Moderate price movements (+7.05% on ETH, -1.97% on USDC pairs) are overshadowed by high sell-off activity, which is a bearish indicator.
  3. Risk Thresholds: No short-term buy interest, declining price on secondary pair (USDC), and lack of public-facing transparency (e.g., no detailed social or website presence) contribute to a high-risk assessment.

In conclusion, current trading behavior and lack of compelling growth indicators suggest avoiding this token for the moment. Reassess if buy pressure and activity improve in the coming days.

Dex