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GoldMint (MNTP): Does the Reward Outweigh the Risks?

Tuesday, November 30, 2021 08:49 PM | InvestorsObserver Analysts
GoldMint (MNTP): Does the Reward Outweigh the Risks?

GoldMint receives a low risk/reward score from an 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 coin can be manipulated by limited trading. The score ranges from 0 to 100, with low ranks representing high risk and high values equating to low risk.

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

Trading Analysis

MNTP's risk/reward rank 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. MNTP has traded -52.76% lower over the past 24 hours to its current price of $0.15. This shift has occurred while volume is below its average level and the coin's market capitalization has fallen. The cryptocurrency now has a market capitalization of $294,837.83 while $184.78 worth of the coin has traded over the last 24 hours. The price change in relation to the degree of volume and market cap changes gives GoldMint a low risk/reward rating.

Summary

The price volatility of MNTP over the last 24 hours results in a low risk/reward score due to its price volatility in combination with changes in trading volume, giving investors a reason to be concerned on the coin's manipulability as of now. Click Here to get the full Report on GoldMint (MNTP).

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