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Is GXChain (GXC) Worth the Risk Tuesday?

Tuesday, February 08, 2022 06:28 AM | InvestorsObserver Analysts
Is GXChain (GXC) Worth the Risk Tuesday?

InvestorsObserver analysis gives GXChain 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.

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

Trading Analysis

The risk gauge rank for GXC shows the coin is currently a moderate risk investment. Traders focused on risk assessment will find the gauge most useful for avoiding (or adding) risky investments. GXChain is 22.46% lower as of the last 24 hours of trading, resulting in its current price of $1.96. The price movement has coincided with volume being below its average level and the coin's market capitalization risen. The market capitalization for the coin now sits at $147,258,341.21 while $56,815,750.66 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 GXC an average risk assessment.

Summary

The price volatility of GXC over the last 24 hours results in an average risk analysis due to its price volatility in combination with changes in trading volume, giving investors a reason to be not overly concerned on the coin's manipulability as of now. Click Here to get the full Report on GXChain (GXC).

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