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yearn.finance (YFI): How Risky is It Sunday?

Sunday, February 25, 2024 06:21 AM | InvestorsObserver Analysts
yearn.finance (YFI): How Risky is It Sunday?

yearn.finance 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.

Risk/Reward Score - Medium
InvestorsObserver is giving yearn.finance a medium Risk/Reward Score. Find out what this means to you and get the rest of the rankings on yearn.finance!

Trading Analysis

YFI's risk gauge score translates to a moderate risk investment at the moment. Portfolio managers who heavily weigh risk assessment will find this gauge more relevant when attempting to avoid (or discover) more risky investments.
The price of yearn.finance is -7.47% lower over the last 24 hours, leading to its current value of $8,250.92. The change in price goes along with volume being below its average level while the token's market capitalization has fallen during the same time period. The crypto's market capitalization is now $275,696,748.21, meanwhile $97,235,693.89 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 yearn.finance an average risk analysis.

Summary

YFI's price movement over the past day of trading leads to an average risk ranking as its recent price movement relative to trading volume gives traders reason to be not overly concerned on the token's manipulability as of now. Click Here to get the full Report on yearn.finance (YFI).

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