Golos Blockchain (GLS): How Risky is It Sunday?

Golos Blockchain achieves a high-risk analysis based on InvestorsObserver research. The proprietary system gauges how much a coin can be manipulated by analyzing how much money it took to shift its price over the last 24 hours and analyzing 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.

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 helpful in avoiding (or adding) risky investments.

Golos Blockchain is 24.06% lower as of the last 24 hours of trading, resulting in its current price of $0.001339870. The price movement has coincided with volume being below its average level and the coin’s market capitalization rising. The market capitalization for the coin now sits at $503,620.76, while $9.10 worth of the crypto has been exchanged over the past 24 hours. The recent price movement relative to the volume and market cap changes gives GLS a high-risk assessment.

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 about the coin’s manipulability.