InvestorsObserver
×
News Home

What Does a Risk Analysis Say About Project Galaxy (GAL) Saturday?

Saturday, July 30, 2022 06:05 AM | InvestorsObserver Analysts
What Does a Risk Analysis Say About Project Galaxy (GAL) Saturday?

Project Galaxy receives a low 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.

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

Trading Analysis

GAL'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.
GAL has traded 10.44% lower over the past 24 hours to its current price of $3.79. 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 $133,428,662.98 while $227,004,582.13 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 Project Galaxy a low risk rating.

Summary

Recent price movement of GAL 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 Project Galaxy (GAL).

You May Also Like

Get the InvestorsObserver App

InvestorsObserver App
iOS App Android App