Wednesday, July 20, 2022 06:26 AM | InvestorsObserver Analysts
Unibright receives an average risk rating from InvestorsObserver analysis. The proprietary scoring system analyzes how much money was required to move the price over the past 24 hours. The metric looks at recent changes in volume and market cap to evaluate how much a token can be manipulated by limited trading. The score ranges from 0 to 100, with low scores representing high risk and high values equating to low risk.
InvestorsObserver is giving Unibright a medium Risk/Reward Score. Find out what this means to you and get the rest of the rankings on Unibright!
UBT'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 Unibright is 16.85% lower over the last 24 hours, leading to its current value of $0.24. 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 $35,621,171.52, meanwhile $362,367.01 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 Unibright an average risk analysis.
Summary
The price volatility of UBT over the last 24 hours results in an average risk analysis due to its price volatility in combination with changes in trading volume, giving investors a reason to be not overly concerned on the token's manipulability as of now.
Click Here to get the full Report on Unibright (UBT).
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