Brett (BRETT): How Risky is It Thursday?

Thursday, March 28, 2024 03:05 PM | InvestorsObserver Analysts

InvestorsObserver analysis gives Brett a high risk assessment. The proprietary scoring system calculates how much money was required to move the price over the past 24 hours with changes in volume and market capitalization to discover if a crypto can potentially be easily manipulated by limited trading activity. Low values representing high risk while high scores equate to low risk based on a 0 to 100 range.

InvestorsObserver is giving Brett a high Risk/Reward Score. Find out what this means to you and get the rest of the rankings on Brett!

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Trading Analysis

BRETT's risk gauge score translates to a high risk investment at the moment. Portfolio managers who heavily weigh risk assessment will find this gauge more relevant when attempting to avoid (or discover) more risky investments. Brett is 36.79% lower as of the last 24 hours of trading, resulting in its current price of $0.05. The price movement has coincided with volume being below its average level and the token's market capitalization risen. The market capitalization for the token now sits at $455,286,878.28 while $21,562,804.84 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 BRETT a high risk assessment.

Summary

BRETT's price movement over the past day of trading leads to a high risk ranking as its recent price movement relative to trading volume gives traders reason to be concerned on the token's manipulability as of now. Click Here to get the full Report on Brett (BRETT).