Ripio Credit Network (RCN): Does the Reward Outweigh the Risks?

Friday, September 16, 2022 10:49 AM | InvestorsObserver Analysts

InvestorsObserver analysis gives Ripio Credit Network 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.

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

See Full RCN Report

Trading Analysis

RCN'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. The price of Ripio Credit Network is 21.92% lower over the last 24 hours, leading to its current value of $0.003896526. The change in price goes along with volume being below its average level while the token's market capitalization has risen during the same time period. The crypto's market capitalization is now $1,981,012.34, meanwhile $47,710.39 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 Ripio Credit Network an average risk analysis.

Summary

RCN's price movement over the past day of trading leads to an average risk ranking as its recent price movement relative to trading volume gives traders reason to be not overly concerned on the token's manipulability as of now. Click Here to get the full Report on Ripio Credit Network (RCN).