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Is TRAXIA (TM2) a Good Investment Tuesday?

Tuesday, December 14, 2021 12:16 PM | InvestorsObserver Analysts
Is TRAXIA (TM2) a Good Investment Tuesday?

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

Trading Analysis

The risk gauge rank for TM2 shows the token is currently a high risk investment. Traders focused on risk assessment will find the gauge most useful for avoiding (or adding) risky investments. TM2 has traded -35.80% lower over the past 24 hours to its current price of $0.000316185. This shift has occurred while volume is below its average level and the token's market capitalization has fallen. The cryptocurrency now has a market capitalization of $103,810.19 while $57.33 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 TRAXIA a high risk rating.

Summary

Recent price movement of TM2 gives the cryptocurrency a high risk score due to past 24 hours of price volatility in relation to volume changes, giving traders reason to be concerned on the token's manipulability at the moment. Click Here to get the full Report on TRAXIA (TM2).

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