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Cryptocurrency News Articles
BoutsPro Investment Rings High-Risk Alarm Bells
Mar 26, 2024 at 10:57 am
BoutsPro (BOUTS) has received a high-risk rating from InvestorsObserver due to recent price volatility. The analysis considers the funds needed to move the price over 24 hours, along with volume and market cap changes, to assess market manipulation susceptibility. This high-risk score indicates potential risks for investors, particularly those prioritizing risk assessment.
Is BoutsPro a Risky Investment?
InvestorsObserver assigns BoutsPro a high-risk rating, according to its proprietary scoring system. This metric analyzes recent volume and market cap fluctuations to gauge the susceptibility of a token to manipulation. Scores range from 0 to 100, with lower scores indicating higher risk and vice versa.
Why the Alarm Bells?
BOUTS's current risk score implies it's a relatively volatile investment. Risk-averse investors should pay heed to this assessment when making investment decisions.
What's Driving the Risk?
The high risk score stems from BOUTS's recent price volatility in conjunction with volume changes over the past 24 hours. This suggests the token may be vulnerable to manipulation by limited trading activity.
Bottom Line
BOUTS's high risk score raises concerns about the token's susceptibility to manipulation, warranting caution from traders.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
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