Decentraland 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.
MANA’s risk gauge rank indicates that the token is currently a low-risk investment. Traders who focus on risk assessment will find gauges most useful for avoiding (or adding to) risky investments. MANA is down -1.81% over the last 24 hours and is currently at $0.33. 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 $68,311,574.94, but $153,187,640.35 worth of tokens have been traded in the last 24 hours. Decentraland has a lower risk rating due to price changes related to the degree of change in volume and market capitalization.
MANA’s price volatility in past day trading leads to a low risk ranking as recent price volatility relative to trading volume gives traders reason to be confident in the token’s current operability. Click here for the full report on Decentraland (MANA).
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