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Big Data Protocol (BDP) Will the risks outweigh the rewards on Wednesday?

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February 1, 2023
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Wednesday, February 1, 2023 07:41 | Investor Observer Analyst

Big Data Protocol (BDP) Will the risks outweigh the rewards on Wednesday?

Big Data Protocol has received an average risk rating from investor observer analysis. A unique scoring system analyzes the amount of money needed to move the price in the last 24 hours. This indicator looks at recent changes in volume and market cap to assess how much you can manipulate your token with limited trading. Scores range from 0 to 100, with lower scores representing higher risk and higher values ​​representing lower risk.

Risk/Reward Score - Medium
investor observer We give Big Data Protocol a medium risk/reward score. Find out what this means for you and get the rest of the Big Data Protocol rankings!

Transaction analysis

BDP’s Risk Gauge rank indicates that the token is currently a medium risk investment. Traders who focus on risk assessment will find gauges most useful for avoiding (or adding to) risky investments. BDP is down 33.54% over the last 24 hours and is currently at $0.035046735. This shift occurred while volumes were below average levels and the token market cap was rising. The cryptocurrency currently has a market capitalization of $1,724,679.82, but $1,353,574.32 worth of tokens have been traded in the last 24 hours. Price changes related to the degree of change in volume and market capitalization give big data protocols an average risk rating.

overview

The BDP’s recent price action gives the cryptocurrency an average risk score due to the price volatility over the last 24 hours related to volume changes, and why traders aren’t overly concerned with the token’s operability at this point. is giving Click here for the full report on Big Data Protocol (BDP).

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