Standard Protocol (STND) Do the Risks Outweigh the Rewards Sunday?

Sunday, February 05, 2023 07:56 PM | InvestorsObserver Analysts

Standard Protocol 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.

InvestorsObserver is giving Standard Protocol a low Risk/Reward Score. Find out what this means to you and get the rest of the rankings on Standard Protocol!

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Trading Analysis

STND's current risk score means it is a relatively low risk investment. Investors primarily concerned with risk assessment will find this score most useful in order to avoid (or potentially seek out) risky investments. Standard Protocol is 12.29% lower as of the last 24 hours of trading, resulting in its current price of $0.028302991. 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 $380,033.43 while $334,791.98 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 STND a low risk assessment.

Summary

Recent price movement of STND gives the cryptocurrency a low risk score due to past 24 hours of price volatility in relation to volume changes, giving traders reason to be confident on the token's manipulability at the moment. Click Here to get the full Report on Standard Protocol (STND).