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Is MU DANK (DANK) Worth the Risk Wednesday?

Wednesday, December 01, 2021 07:41 AM | InvestorsObserver Analysts
Is MU DANK (DANK) Worth the Risk Wednesday?

MU DANK achieves a low risk/reward score based on an InvestorsObserver analysis. The proprietary system gauges how much a token can be manipulated by analyzing much money it took to shift its price over the last 24 hour period along with analysis of recent changes in volume and market cap. The gauge is between 0 and 100 with lower ranks equating to higher risk while higher values represent lower risk.

Risk/Reward Score - High
InvestorsObserver is giving MU DANK a high Risk/Reward Score. Find out what this means to you and get the rest of the rankings on MU DANK!

Trading Analysis

DANK's risk/reward rank translates to a high risk investment at the moment. Portfolio managers who heavily weigh risk assessment will find this gauge more relevant when attempting to avoid (or discover) more risky investments. DANK has traded 2.26% lower over the past 24 hours to its current price of $0.02. 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 $416,523.34 while $0.00 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 MU DANK a low risk/reward rating.

Summary

The price volatility of DANK over the last 24 hours results in a low risk/reward score due to its price volatility in combination with changes in trading volume, giving investors a reason to be concerned on the token's manipulability as of now. Click Here to get the full Report on MU DANK (DANK).

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