InvestorsObserver analysis gives NFT a low risk assessment. The proprietary scoring system calculates how much money was required to move the price over the past 24 hours with changes in volume and market capitalization to discover if a crypto can potentially be easily manipulated by limited trading activity. Low values representing high risk while high scores equate to low risk based on a 0 to 100 range.
(adsbygoogle = window.adsbygoogle || []).push({});
Trading Analysis
NFT’s current risk score means it is a relatively low risk investment. Investors primarily concerned with risk assessment will find this score most useful in order to avoid (or potentially seek out) risky investments.
(adsbygoogle = window.adsbygoogle || []).push({});
The price of NFT is -1.29% lower over the last 24 hours, leading to its current value of $0.000000636. The change in price goes along with volume being below its average level while the token’s market capitalization has fallen during the same time period. The crypto’s market capitalization is now $23.45, meanwhile $60,268.94 worth of the currency has been traded over the past 24 hours. The volatility in price relative to the changes in volume and market cap changes give NFT a low risk analysis.
Summary
Recent price movement of NFT gives the cryptocurrency a low risk score due to past 24 hours of price volatility in relation to volume changes, giving traders reason to be confident on the token’s manipulability at the moment. Click Here to get the full Report on NFT (NFT).
Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.
Thank you for signing up! You’re all set to receive the Morning Update newsletter
Stock Price data may be delayed up to 15 minutes.
Copyright © 2022. Portions of this content may be copyrighted by Fresh Brewed Media, Investors Observer, and/or O2 Media LLC. All Rights Reserved. Portions of this content protected by US Patent numbers 7,865,496, 7,856,390, and 7,716,116. Investing in stocks, bonds, option and other financial instruments involve risks and may not be suitable for everyone. Portfolio results are unaudited and based on varying investment expiration dates. Terms of Service | Privacy Policy