Ugly Coin (UGLY) Records Elevated Volume Relative to Market Cap on Robinhood
Risk Overview
Ugly Coin (UGLY) presents an elevated risk level due to its nascent trading pair, which is only 1.2 hours old. This short history significantly limits the ability to evaluate its stability and performance, raising concerns about potential volatility.
- Pair maturity: 1.2 hours
- Volume vs liquidity: 22.8x
- Liquidity depth: $68,053
Liquidity Assessment
The current liquidity for Ugly Coin stands at $68,052.62. Liquidity is 13.4% of market cap, close to the 13.4% typical at this size. The liquidity depth is elevated, with $68,053 of liquidity, workable for small positions, but larger orders will move the price against you.
Volume Assessment
The 24-hour trading volume for Ugly Coin is reported at $1,551,977.84. The 24h volume is 22.8x the pool's liquidity. The same liquidity is being turned over repeatedly, which can indicate wash trading or bot activity.
Trading Behaviour
In the last hour, there were 987 buy transactions and 707 sell transactions, resulting in a buy/sell ratio of approximately 1.4:1.
Risk Note
This article is not financial advice.