What does a risk analysis on Vanilla Network (VNLA) say on Saturday?
Investors Observer The analysis gives Vanilla Network an average risk rating. 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.
The risk gauge ranking for VNLA shows that the token is currently a moderate risk investment. Traders focused on risk assessment will find the gauge the most useful for avoiding (or adding) risky investments. VNLA has traded down 15.36% in the past 24 hours to its current price of $ 5.87. This change occurred as the volume is below its average level and the token’s market cap has increased. The cryptocurrency now has a market cap of $ 3,833,443.12, while the token’s $ 46,711.90 has traded in the past 24 hours. The change in price relative to the degree of change in volume and market capitalization gives Vanilla Network a medium risk rating.
VNLA’s price volatility over the past 24 hours gives rise to a medium risk analysis due to its price volatility combined with changes in trading volume, giving investors a reason not to overdo it. worry about the manipulability of the token at this time. Click here for the full report on Vanilla Network (VNLA).