Wicrypt (WNT): How Risky is It Wednesday?

Wednesday, December 29, 2021 02:45 PM | InvestorsObserver Analysts

Wicrypt 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 Wicrypt a low Risk/Reward Score. Find out what this means to you and get the rest of the rankings on Wicrypt!

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Trading Analysis

WNT'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. WNT has traded 8.08% lower over the past 24 hours to its current price of $0.08. 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 $539,378.65 while $320,071.16 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 Wicrypt a low risk rating.

Summary

WNT's price movement over the past day of trading leads to a low risk ranking as its recent price movement relative to trading volume gives traders reason to be confident on the token's manipulability as of now. Click Here to get the full Report on Wicrypt (WNT).