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Komodo (KMD) Do the Risks Outweigh the Rewards Sunday?

Sunday, March 27, 2022 01:04 PM | InvestorsObserver Analysts
Komodo (KMD) Do the Risks Outweigh the Rewards Sunday?

Komodo achieves a low risk analysis based on InvestorsObserver research. The proprietary system gauges how much a coin 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.

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

Trading Analysis

The risk gauge rank for KMD 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.
The price of Komodo is -0.41% lower over the last 24 hours, leading to its current value of $0.55. The change in price goes along with volume being below its average level while the coin's market capitalization has fallen during the same time period. The crypto's market capitalization is now $71,494,828.75, meanwhile $8,256,558.12 worth of the currency has been traded over the past 24 hours. The volatility in price relative to the changes in volume and market cap changes give Komodo a low risk analysis.

Summary

KMD's price movement over the past day of trading leads to a low risk ranking as its recent price movement relative to trading volume gives traders reason to be confident on the coin's manipulability as of now. Click Here to get the full Report on Komodo (KMD).

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