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Is BABB (BAX) Worth the Risk Sunday?

Sunday, January 29, 2023 09:10 AM | InvestorsObserver Analysts
Is BABB (BAX) Worth the Risk Sunday?

BABB achieves an average 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 - Medium
InvestorsObserver is giving BABB a medium Risk/Reward Score. Find out what this means to you and get the rest of the rankings on BABB!

Trading Analysis

The risk gauge rank for BAX shows the token is currently a moderate risk investment. Traders focused on risk assessment will find the gauge most useful for avoiding (or adding) risky investments.
BABB is 12.53% lower as of the last 24 hours of trading, resulting in its current price of $0.000084849. The price movement has coincided with volume being below its average level and the token's market capitalization risen. The market capitalization for the token now sits at $4,230,045.02 while $95,171.52 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 BAX an average risk assessment.

Summary

BAX's price movement over the past day of trading leads to an average risk ranking as its recent price movement relative to trading volume gives traders reason to be not overly concerned on the token's manipulability as of now. Click Here to get the full Report on BABB (BAX).

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