InvestorsObserver
×
News Home

Cheems (CHEEMS) Do the Risks Outweigh the Rewards Monday?

Monday, January 30, 2023 05:36 PM | InvestorsObserver Analysts
Cheems (CHEEMS) Do the Risks Outweigh the Rewards Monday?

Cheems receives a high risk rating from InvestorsObserver analysis. The proprietary scoring system analyzes how much money was required to move the price over the past 24 hours. The metric looks at recent changes in volume and market cap to evaluate how much a token can be manipulated by limited trading. The score ranges from 0 to 100, with low scores representing high risk and high values equating to low risk.

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

Trading Analysis

CHEEMS'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.
Cheems is -24.94% lower as of the last 24 hours of trading, resulting in its current price of $0.000111667. 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 $284,844.05 while $5,510.25 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 CHEEMS a high risk assessment.

Summary

Recent price movement of CHEEMS gives the cryptocurrency a high risk score due to past 24 hours of price volatility in relation to volume changes, giving traders reason to be concerned on the token's manipulability at the moment. Click Here to get the full Report on Cheems (CHEEMS).

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App