Constellation (DAG) Do the Risks Outweigh the Rewards Tuesday?

Tuesday, October 04, 2022 01:38 PM | InvestorsObserver Analysts

InvestorsObserver analysis gives Constellation 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 Constellation a high Risk/Reward Score. Find out what this means to you and get the rest of the rankings on Constellation!

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Trading Analysis

The risk gauge rank for DAG shows the coin is currently a high risk investment. Traders focused on risk assessment will find the gauge most useful for avoiding (or adding) risky investments. Constellation is 18.39% lower as of the last 24 hours of trading, resulting in its current price of $0.09. The price movement has coincided with volume being below its average level and the coin's market capitalization risen. The market capitalization for the coin now sits at $112,296,247.74 while $916,453.31 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 DAG a high risk assessment.

Summary

DAG'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 coin's manipulability as of now. Click Here to get the full Report on Constellation (DAG).