InvestorsObserver
×
News Home

Kaspa (KAS): How Risky is It Friday?

Friday, June 09, 2023 02:54 PM | InvestorsObserver Analysts
Kaspa (KAS): How Risky is It Friday?

InvestorsObserver analysis gives Kaspa an average risk assessment. The proprietary scoring system calculates how much money was required to move the price over the past 24 hours with changes in volume and market capitalization to discover if a crypto can potentially be easily manipulated by limited trading activity. Low values representing high risk while high scores equate to low risk based on a 0 to 100 range.

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

Trading Analysis

KAS's current risk score means it is a relatively moderate risk investment. Investors primarily concerned with risk assessment will find this score most useful in order to avoid (or potentially seek out) risky investments.
KAS has traded 7.52% lower over the past 24 hours to its current price of $0.016001624. This shift has occurred while volume is below its average level and the coin's market capitalization has risen. The cryptocurrency now has a market capitalization of $304,235,498.07 while $9,182,842.12 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 Kaspa an average risk rating.

Summary

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

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App