Ngram (NGRAM) Records Elevated Volume Relative to Market Cap on Robinhood
Risk Overview
The current risk level for NGRAM is elevated, primarily due to the pair's maturity of just 1.0 hours. This limited trading history raises concerns about potential volatility and the reliability of market activity.
- Pair maturity: 1.0 hours
- Volume vs liquidity: 29.7x
- Liquidity depth: $80,333
Liquidity Assessment
NGRAM has a liquidity figure of $80,333. The liquidity is 14.1% of market cap, close to the 12.5% typical at this size. While the liquidity is workable for small positions, larger orders will move the price against you.
Volume Assessment
The 24-hour trading volume for NGRAM stands at $2,388,473. The volume is 29.7x the pool's liquidity, indicating that the same liquidity is being turned over repeatedly, which can indicate wash trading or bot activity.
Trading Behaviour
In the last hour, there were 5,583 buys and 5,284 sells, resulting in a buy/sell ratio of approximately 1.06.
Risk Note
This article does not constitute financial advice.