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U.CASH (UCASH)

Market Cap

$22,581,886 USD

Volume (24h)

$24,667 USD

3.7
SAFETY

ranking factors

  • Markets

    How many exchanges are there to trade this coin?

    U.CASH Markets Rank: 1/100

  • Volume Ratio

    How actively is this asset being traded on the market?

    U.CASH Volume Ratio Rank: 1/100

  • Market Cap

    The total cost of all coins available.

    U.CASH Market Cap Rank: 92/100

  • 24h Change

    Is the price moving up or down?

    U.CASH 24h Change Rank: 46/100

  • Social Following

    How many users are following this coin?

    U.CASH Social Following Rank: 88/100

  • Google Trends

    How many users are searching for the coin?

    U.CASH Google Trends Rank: 1/100

  • Twitter Citation

    How many users are talking about this coin in Twitter?

    U.CASH Twitter Citation Rank: 51/100

  • User Voting

    How popular is this coin among Cointobuy community?

    U.CASH User Voting Rank: 91/100

U.CASH investment analysis

While it seems the project's heart is in the right place, there's just no need for this service. Initially, it seems like a great idea to have a blockchain project which allows you to quickly convert crypto to cash until you realize those services already exist. Localbitcoins has been around for years, and using it you can quickly find a trading partner anywhere in the world who will happily give you cash for your bitcoin, without the need to trust another provider at all.

When using the UCASH system, you basically are trusting a third party to handle your money for you, and then "load" it to an account. This is called a bank, and you can already cash out your cryptocurrency to your bank account using Coinbase in a much safer manner.

So, where then does that leave your U.CASH investment? Nowhere, and it seems many investors have started to realize that. A quick look at their social media reveals many angry investors. Couple that with the fact that this token has a pretty flimsy use case, and you have a recipe for disaster that could very well not be worth the trouble.

This token also has an enormous supply, so good luck with getting any price appreciation here. Even if the price has taken a swift tumble since the hype has died off.

current price
$0.002767
Potential Profit

The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing possible profit rate in the coming months.

+58.4%
Potential Price

The tool analyzes each currency for the 6-month historical price data, searches for possible patterns and showing the possible price in the coming months.

$0.004384
Rankings

The current coin position in cryptocurrency rankings by Safety Rank and Potential Profit.

150/878
by Safety
839/878
by Profit
historical data

How to buy U.CASH?

It's possible to buy U.CASH on a decent number of exchanges. This is a good prospect for investors because it protects their asset from the dreaded delisting worry. While the trading volume is good enough here to make a trade, it's not the best, and investors should be wary of falling volume, which could signal trouble ahead for this asset. If you are interested in owning this token, then you can utilize several trading pairs to acquire it such as BTC, ETH, and USD.

As an ERC20 asset, this token will require that you have a private Ethereum wallet if you want to store your investment. It's not recommended to leave any money on an exchange, and that's doubly true for exchanges with less volume. The management behind these outfits are not always well known, and it could be a dangerous prospect to trust them with large amounts of money. Instead, keep things where you know they are protected.

Is it safe to invest in UCASH now?

Our U.CASH analysis paints a pretty grim picture of this dying cryptocurrency. While initially, they did manage to acquire some hype for the project, it seems that has died off. Their social media activity and search trends are now severely lacking, and it seems it will likely stay that way. As previously stated, the problem with this project is that it has no user base.

Hardcore cryptocurrency enthusiasts have no interest in creating a new bank to hold their money, which likely won't work anyway. Even if this service did take off, it would not be long until they were subject to every rule and regulation that banks and money transmitters were. Then you have the more casual investors, who would just use their bank accounts to cash out.

So, who would use this service and the underlying token then? I guess holders are the only answer, but they won't be using the service either, they're just hoping the price goes up so they can dump them on somebody else.

If you invest in UCASH, then you should be aware of all of these things. The trading volume for this asset is falling, and while the team may be dedicated to the project, it really has nowhere to go. Regulators are crashing down on cryptocurrency in every form, and a project like this would no doubt be snuffed out by them very quickly.

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