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Should You Buy Curve DAO Token (CRV) Thursday?

Thursday, June 23, 2022 09:32 AM | InvestorsObserver Analysts
Should You Buy Curve DAO Token (CRV) Thursday?

InvestorsObserver analysis gives Curve DAO Token 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 Curve DAO Token a medium Risk/Reward Score. Find out what this means to you and get the rest of the rankings on Curve DAO Token!

Trading Analysis

CRV'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.
Curve DAO Token is 16.35% lower as of the last 24 hours of trading, resulting in its current price of $0.82. The price movement has coincided with volume being below its average level and the token's market capitalization risen. The market capitalization for the token now sits at $439,049,166.34 while $138,629,925.79 worth of the crypto has been exchanged over the past 24 hours. The price movement relative to the changes in volume and market cap recently, gives CRV an average risk assessment.

Summary

Recent price movement of CRV gives the cryptocurrency an average risk score due to past 24 hours of price volatility in relation to volume changes, giving traders reason to be not overly concerned on the token's manipulability at the moment. Click Here to get the full Report on Curve DAO Token (CRV).

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