Tuesday, August 09, 2022 07:05 AM | InvestorsObserver Analysts
Tether Gold achieves an average risk analysis based on InvestorsObserver research. 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 scores equating to higher risk while higher values represent lower risk.
InvestorsObserver is giving Tether Gold a medium Risk/Reward Score. Find out what this means to you and get the rest of the rankings on Tether Gold!
The risk gauge rank for XAUT shows the token is currently a moderate risk investment. Traders focused on risk assessment will find the gauge most useful for avoiding (or adding) risky investments.
Tether Gold is 0.35% lower as of the last 24 hours of trading, resulting in its current price of $1,780.20. 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 $438,862,278.99 while $88,255.60 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 XAUT an average risk assessment.
Summary
The price volatility of XAUT over the last 24 hours results in an average risk analysis due to its price volatility in combination with changes in trading volume, giving investors a reason to be not overly concerned on the token's manipulability as of now.
Click Here to get the full Report on Tether Gold (XAUT).
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