What Does a Risk Analysis Say About Golos Blockchain (GLS) Tuesday?

Tuesday, March 26, 2024 10:57 AM | InvestorsObserver Analysts

Golos Blockchain achieves a high risk analysis based on InvestorsObserver research. The proprietary system gauges how much a coin can be manipulated by analyzing much money it took to shift its price over the last 24 hour period along with analysis of recent changes in volume and market cap. The gauge is between 0 and 100 with lower scores equating to higher risk while higher values represent lower risk.

InvestorsObserver is giving Golos Blockchain a high Risk/Reward Score. Find out what this means to you and get the rest of the rankings on Golos Blockchain!
See Full GLS Report

Trading Analysis

The risk gauge rank for GLS shows the coin is currently a high risk investment. Traders focused on risk assessment will find the gauge most useful for avoiding (or adding) risky investments.
GLS has traded 33.84 lower over the past 24 hours to its current price of $0.000696569. Currently, volume and market capitalization data is not being received through our data provider. The lack of available data is typically a sign of either a new coin or token brought to market or one with extremely low volume and value levels that it is not picked up by leading data providers. No recorded volume or market cap usually correlate with highly volatile coins that may not be the greatest investment choice for the majority of investors. However, those looking for newer cryptos may find coins such as Golos Blockchain extra intriguing.

Summary

The price volatility of GLS over the last 24 hours results in a high risk analysis due to its price volatility in combination with changes in trading volume, giving investors a reason to be concerned on the coin's manipulability as of now. Click Here to get the full Report on Golos Blockchain (GLS).

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