Is Kyber Network Crystal v2 (KNC) Worth the Risk Monday?

Monday, April 18, 2022 08:20 AM | InvestorsObserver Analysts

Kyber Network Crystal v2 receives a low risk rating from 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 token can be manipulated by limited trading. The score ranges from 0 to 100, with low scores representing high risk and high values equating to low risk.

InvestorsObserver is giving Kyber Network Crystal v2 a low Risk/Reward Score. Find out what this means to you and get the rest of the rankings on Kyber Network Crystal v2!

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Trading Analysis

KNC's current risk score means it is a relatively low risk investment. Investors primarily concerned with risk assessment will find this score most useful in order to avoid (or potentially seek out) risky investments. Kyber Network Crystal v2 is -1.71% lower as of the last 24 hours of trading, resulting in its current price of $4.20. 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 $746,726,140.87 while $311,382,544.86 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 KNC a low risk assessment.

Summary

The price volatility of KNC over the last 24 hours results in a low risk analysis due to its price volatility in combination with changes in trading volume, giving investors a reason to be confident on the token's manipulability as of now. Click Here to get the full Report on Kyber Network Crystal v2 (KNC).