InvestorsObserver analysis gives Loopring 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.
LRC has traded 5.90% lower over the past 24 hours to its current price of $0.94. This shift has occurred while volume is below its average level and the token's market capitalization has risen. The cryptocurrency now has a market capitalization of $1,247,627,311.98 while $282,621,950.13 worth of the token has traded over the last 24 hours. The price change in relation to the degree of volume and market cap changes gives Loopring a low risk rating.
Is Loopring (LRC) a Good Investment Monday?
InvestorsObserver is giving Loopring a low Risk/Reward Score. Find out what this means to you and get the rest of the rankings on Loopring!