GoByte achieves a excessive risk evaluation primarily based on InvestorsObserver analysis. The proprietary system gauges how a lot a coin could be manipulated by analyzing a lot cash it took to shift its worth over the past 24 hour interval together with evaluation of current modifications in quantity and market cap. The gauge is between 0 and 100 with decrease scores equating to increased threat whereas increased values signify decrease threat.
Buying and selling Evaluation
GBX’s threat gauge rating interprets to a excessive threat funding for the time being. Portfolio managers who closely weigh threat evaluation will discover this gauge extra related when making an attempt to keep away from (or uncover) extra dangerous investments.
GBX has traded -31.07% decrease over the previous 24 hours to its present worth of $0.013217492. This shift has occurred whereas quantity is under its common stage and the coin’s market capitalization has fallen. The cryptocurrency now has a market capitalization of $126,554.54 whereas $99.26 price of the coin has traded over the past 24 hours. The worth change in relation to the diploma of quantity and market cap modifications provides GoByte a excessive threat score.
The worth volatility of GBX over the past 24 hours leads to a excessive threat evaluation because of its worth volatility together with modifications in buying and selling quantity, giving buyers a motive to be involved on the coin’s manipulability as of now.
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