Is it risky on Sunday?
Investors Observer The analysis gives the SKALE network a low risk assessment. The proprietary rating system calculates how much money has been required to move the price over the past 24 hours with changes in volume and market cap to find out if a crypto can potentially be easily manipulated by limited trading activity. Low values represent high risk while high scores correspond to low risk based on a range of 0 to 100.
SKL’s risk gauge score translates to a low risk investment at this time. Portfolio managers who weigh heavily on risk assessment will find this metric more relevant when trying to avoid (or discover) riskier investments. The SKALE Network price is -4.73% lower in the last 24 hours, bringing its current value to $ 0.24. The price change is accompanied by volume below its average level as the token’s market cap has fallen over the same period. The crypto’s market cap is now $ 625,630,592.12, while $ 56,609,237.15 of the currency has been traded in the past 24 hours. Price volatility in relation to changes in volume and market capitalization gives SKALE Network low risk analysis.
SKL’s price movement over the last trading day leads to a low risk ranking as its recent price movement relative to trading volume gives traders reason to be confident about the token’s manipulability for the market. moment. Click here for the full SKALE Network (SKL) report.