NFT hits a low risk analysis based on InvestorsObserver research. The proprietary system measures how much a token can be manipulated by analyzing how much money it takes to change its price in the last 24 hours, along with analyzing recent changes in volume and market capitalization. The meter is between 0 and 100 with lower scores equaling higher risk, while higher values represent lower risk.
The NFT risk meter rank indicates that the token is currently a low-risk investment. Traders focused on risk assessment will find the meter most useful for avoiding (or adding to) risky investments. NFT traded 1.13% lower in the last 24 hours to its current price of $0.000000561. This shift occurred while volume is below average and the token’s market capitalization has increased. This cryptocurrency now has a market cap of $20.67, while $615,382.67 worth of the token was traded in the last 24 hours. The change in price relative to the degree of change in volume and market capitalization gives the NFT a low risk rating.
The NFT’s price action over the past trading day leads to a low risk ranking as its recent price action against trading volume gives traders reason to be confident about the token’s manipulability going forward.
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