Is Multiplier (MXX) Worth the Risk Tuesday?

Tuesday, November 30, 2021 08:58 PM | InvestorsObserver Analysts

Multiplier 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.

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

See Full MXX Report

Trading Analysis

MXX'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. Multiplier is 3.46% lower as of the last 24 hours of trading, resulting in its current price of $0.01. The price movement has coincided with volume being below its average level and the token's market capitalization risen. The market capitalization for the token now sits at $1,843,861.99 while $1,462.46 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 MXX a low risk/reward rating.

Summary

MXX's price movement over the past day of trading gives it a low risk/reward score as its recent price movement relative to trading volume gives traders reason to be concerned on the token's manipulability as of now. Click Here to get the full Report on Multiplier (MXX).