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Ethereum Name Service (ENS) Do the Risks Outweigh the Rewards Saturday?

Saturday, February 26, 2022 06:36 AM | InvestorsObserver Analysts
Ethereum Name Service (ENS) Do the Risks Outweigh the Rewards Saturday?

InvestorsObserver analysis gives Ethereum Name Service a low 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.

Risk/Reward Score - Low
InvestorsObserver is giving Ethereum Name Service a low Risk/Reward Score. Find out what this means to you and get the rest of the rankings on Ethereum Name Service!

Trading Analysis

The risk gauge rank for ENS 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.
The price of Ethereum Name Service is 4.26% lower over the last 24 hours, leading to its current value of $14.32. 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 $289,912,819.47, meanwhile $59,501,785.07 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 Ethereum Name Service a low risk analysis.


The price volatility of ENS 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 Ethereum Name Service (ENS).

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