Is Cyclone Protocol (CYC) Worth the Risk Saturday?

Saturday, February 05, 2022 06:18 AM | InvestorsObserver Analysts

InvestorsObserver analysis gives Cyclone Protocol an average 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 Cyclone Protocol a medium Risk/Reward Score. Find out what this means to you and get the rest of the rankings on Cyclone Protocol!

See Full CYC Report

Trading Analysis

The risk gauge rank for CYC 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. Cyclone Protocol is 10.31% lower as of the last 24 hours of trading, resulting in its current price of $139.16. 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 $3,433,808.54 while $58,601.37 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 CYC an average risk assessment.

Summary

CYC'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 Cyclone Protocol (CYC).