Chainlink reaches a low risk analysis based on InvestorsObserver to research. The proprietary system gauges how much a token can be manipulated by analyzing how much money it took to change its price in the last 24 hours, as well as analyzing recent changes in volume and market capitalization. The gauge is between 0 and 100, with lower scores corresponding to higher risk while higher values represent lower risk.
LINK’s risk gauge score translates to a low risk investment at this time. Portfolio managers who place a high emphasis on risk assessment will find this indicator more relevant when trying to avoid (or uncover) riskier investments. Chainlink is down -1.43% in the last 24 hours of trading, giving its current price of $6.11. The price move coincided with volume below its average level and the token’s market capitalization plummeted. The market cap of the token now sits at $3,004,299,275.09, while $273,505,585.05 worth of crypto has been traded in the last 24 hours. The price movement against volume and market capitalization changes recently, gives LINK a low risk rating.
LINK’s price movement over the past trading day leads to a low-risk ranking, as its recent price movement relative to trading volume gives traders reason to be confident about the token’s maneuverability at from now.
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