InvestorsObserver
×
News Home

Maple (MPL): Does the Reward Outweigh the Risks?

Friday, March 01, 2024 08:58 AM | InvestorsObserver Analysts
Maple (MPL): Does the Reward Outweigh the Risks?

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

Trading Analysis

The risk gauge rank for MPL 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.
MPL has traded 20.10% lower over the past 24 hours to its current price of $16.58. This shift has occurred while volume is below its average level and the token's market capitalization has risen. The cryptocurrency now has a market capitalization of $73,268,365.07 while $2,126,736.96 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 Maple a high risk rating.

Summary

Recent price movement of MPL 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 Maple (MPL).

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App