The First Crypto Dog (BUDDY) Drops 22.0% on $93,100 of Liquidity, Too Thin to Absorb a Sizeable Sell
Volatility Event
The First Crypto Dog (BUDDY) traded between $0.0008063 and $0.0006284 during the last hour, with a turnover of approximately $93,100. This indicates a significant price movement, with a drop of 22.0% occurring in a single hour.
- Liquidity depth: $93,100
What The Risk Data Shows
The strongest contributor to the risk assessment is liquidity depth: $93,100 of liquidity. Workable for small positions, but larger orders will move the price against you. Liquidity is 11.9% of market cap, close to the 10.3% typical at this size. The overall risk band is Moderate.
Trading Conditions
In the last hour, there were 226 buy transactions and 123 sell transactions. This buy-side leaning indicates a slightly positive sentiment in trading activity.
Liquidity Context
The raw liquidity figure stands at $93,100, implying that while small orders can be executed near the quoted price, larger orders may face challenges.
Why This Was Flagged
- Price moved 22.0% in one hour (threshold: 15%)
- One-hour volume of $36,609 (threshold: $25,000)
- 349 trades in the last hour (threshold: 100)
- $93,100 of liquidity (threshold: $50,000)
- $780,071 market cap (threshold: $250,000)
- Trading pair 23 days old (threshold: 15 minutes)
Risk Note
This article does not constitute financial advice.