News Home

Is THORChain (RUNE) a Good Investment Sunday?

Sunday, December 10, 2023 09:22 AM | InvestorsObserver Analysts
Is THORChain (RUNE) a Good Investment Sunday?

THORChain 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 coin 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.

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

Trading Analysis

The risk gauge rank for RUNE shows the coin is currently a low risk investment. Traders focused on risk assessment will find the gauge most useful for avoiding (or adding) risky investments.
RUNE has traded -0.85% lower over the past 24 hours to its current price of $6.39. This shift has occurred while volume is below its average level and the coin's market capitalization has fallen. The cryptocurrency now has a market capitalization of $2,157,398,488.32 while $246,333,649.50 worth of the coin has traded over the last 24 hours. The price change in relation to the degree of volume and market cap changes gives THORChain a low risk rating.


The price volatility of RUNE 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 coin's manipulability as of now. Click Here to get the full Report on THORChain (RUNE).

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App