Loopring achieves a low 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.
The price of Loopring is -6.21% lower over the last 24 hours, leading to its current value of $0.37. The change in price goes along with volume being below its average level while the token's market capitalization has fallen during the same time period. The crypto's market capitalization is now $488,339,664.59, meanwhile $70,466,164.53 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 Loopring a low risk analysis.
Loopring (LRC) Do the Risks Outweigh the Rewards Thursday?
InvestorsObserver is giving Loopring a low Risk/Reward Score. Find out what this means to you and get the rest of the rankings on Loopring!