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DMarket (DMT): How Risky is It Thursday?

Thursday, March 24, 2022 02:06 PM | InvestorsObserver Analysts
DMarket (DMT): How Risky is It Thursday?

DMarket achieves a high 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.

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

Trading Analysis

DMT's current risk score means it is a relatively high risk investment. Investors primarily concerned with risk assessment will find this score most useful in order to avoid (or potentially seek out) risky investments.
The price of DMarket is 37.38% lower over the last 24 hours, leading to its current value of $0.014472426. The change in price goes along with volume being below its average level while the token's market capitalization has risen during the same time period. The crypto's market capitalization is now $823,796.15, meanwhile $56.52 worth of the currency has been traded over the past 24 hours. The volatility in price relative to the changes in volume and market cap changes give DMarket a high risk analysis.

Summary

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

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