Chainlink has received a low risk rating from investor observer analysis. A unique scoring system analyzes the amount of money needed to move the price in the last 24 hours. This metric looks at recent changes in volume and market cap to assess how much you can manipulate your token with limited trading. Scores range from 0 to 100, with lower scores representing higher risk and higher values representing lower risk.
LINK’s current risk score means it is a relatively low-risk investment. Investors primarily interested in risk assessment will find this score most useful for avoiding (or potentially looking for) risky investments. LINK is down -1.12% over the last 24 hours and is currently at $5.94. This shift occurred while volumes were below average levels and the market cap of the token was falling. The cryptocurrency currently has a market capitalization of $3,015,022,364.51, but $159,070,717.20 worth of tokens have been traded in the last 24 hours. Chainlink’s risk rating is low due to price changes related to the degree of volume and market capitalization changes.
LINK’s recent price volatility lowers the cryptocurrency’s risk score over the past 24 hours in relation to volume changes, giving traders reason to be confident in the token’s operability at the moment. . Click here to get the full report on Chainlink (link).
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