Venus BNB (VBNB): How Risky is It Wednesday?

Wednesday, March 27, 2024 06:11 AM | InvestorsObserver Analysts

Venus BNB achieves a low risk analysis based on InvestorsObserver research. The proprietary system gauges how much a token can be manipulated by analyzing much money it took to shift its price over the last 24 hour period along with analysis of recent changes in volume and market cap. The gauge is between 0 and 100 with lower scores equating to higher risk while higher values represent lower risk.

InvestorsObserver is giving Venus BNB a low Risk/Reward Score. Find out what this means to you and get the rest of the rankings on Venus BNB!
See Full vBNB Report

Trading Analysis

The risk gauge rank for vBNB shows the token is currently a low risk investment. Traders focused on risk assessment will find the gauge most useful for avoiding (or adding) risky investments.
Venus BNB is -3.23% lower as of the last 24 hours of trading, resulting in its current price of $13.82. The price movement has coincided with volume being below its average level and the token's market capitalization fallen. The market capitalization for the token now sits at $1,165,347,088.17 while $771,358,998.12 worth of the crypto has been exchanged over the past 24 hours. The price movement relative to the changes in volume and market cap recently, gives vBNB a low risk assessment.

Summary

The price volatility of vBNB over the last 24 hours results in a low risk analysis due to its price volatility in combination with changes in trading volume, giving investors a reason to be confident on the token's manipulability as of now. Click Here to get the full Report on Venus BNB (vBNB).

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