Is Blockchain Cuties Universe Governance (BCUG) A Bad Investment Tuesday?
InvestorsObserver analysis gives Blockchain Cuties Universe Governance a high risk rating. The proprietary scoring system calculates how much money was needed to move the price over the past 24 hours with changes in volume and market capitalization to determine if a crypto is potentially easily manipulated by limited trading activity. Low values represent high risk while high scores correspond to low risk based on a 0 to 100 range.
Trade analysis
The risk gauge rating for BCUG shows that the token is currently a high-risk investment. Traders who focus on risk assessment will find the gauge most useful in avoiding (or adding to) risky investments. BCUG has traded 47.36 lower in the last 24 hours at the current price of $0.101020118. At the moment, data on volume and market value is not received through our data provider. The lack of available data is typically a sign of either a new coin or token being brought to market or one with extremely low volume and value levels that is not being picked up by leading data providers. No recorded volume or market capitalization usually correlates with highly volatile coins that may not be the best investment choice for most investors. However, those looking for newer cryptos may find tokens like Blockchain Cuties Universe Governance extra exciting.
Summary
BCUG’s price movement over the last trading day leads to a high risk rating as the recent price movement relative to trading volume gives traders reason to be concerned about the token’s manipulability as of now. Click here for the full Blockchain Cuties Universe Governance (BCUG) report.
