Saturday, April 16, 2022 07:29 PM | InvestorsObserver Analysts
InvestorsObserver analysis gives Holo 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.
InvestorsObserver is giving Holo a low Risk/Reward Score. Find out what this means to you and get the rest of the rankings on Holo!
The risk gauge rank for HOT 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.
Holo is -0.35% lower as of the last 24 hours of trading, resulting in its current price of $0.005000592. The price movement has coincided with volume being below its average level and the token's market capitalization fallen. The market capitalization for the token now sits at $866,611,563.37 while $29,282,424.82 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 HOT a low risk assessment.
Summary
Recent price movement of HOT gives the cryptocurrency a low risk score due to past 24 hours of price volatility in relation to volume changes, giving traders reason to be confident on the token's manipulability at the moment.
Click Here to get the full Report on Holo (HOT).
Share this article:
Stay In The Know
Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.
Thank you for signing up! You're all set to receive the Morning Update newsletter
