Golos Blockchain Receives a High risk note of InvestorsObserver analysis. The proprietary rating system analyzes how much money was needed to move the price in the last 24 hours. The metric looks at recent changes in volume and market capitalization to gauge how much a coin can be manipulated by limit trades. The score ranges from 0 to 100, with low scores representing high risk and high values representing low risk.
GLS’s risk gauge score translates to a high-risk investment at this time. Portfolio managers who place a premium on risk assessment will find this gauge more relevant when trying to avoid (or uncover) riskier investments. Golos Blockchain is 3.80% lower in the last 24 hours of trading, giving its current price of $0.000649940. The price movement coincided with volume below its average level and the market capitalization of the coin increased. The market cap of the coin now sits at $211,088.88, while $139.25 worth of crypto has been traded in the last 24 hours. The price movement against volume and market capitalization changes recently, gives GLS a high risk rating.
The recent price movement of GLS gives the cryptocurrency a high risk score due to the past 24-hour price volatility versus volume changes, giving traders reason to be concerned about the maneuverability of the room at the moment.
Stay in the know
Subscribe to our daily morning update newsletter and never miss market news, moves and more.