Does the Risk Outweigh the Reward for Frax (FRAX)?

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FRAX risk vs reward

The risk gauge rank for FRAX shows the token is currently a low risk investment. Traders focused on risk assessment will find the gauge most useful for avoiding (or adding) risky investments.

According to InvestorsObserver study, Frax is considered to be low risk. The proprietary scoring method examines the amount of money needed to change the price over the previous 24 hours. To assess how much a token can be influenced by restricted trading, the metric considers recent changes in volume and market capitalization. Low scores indicate high danger, and high numbers indicate low risk on a scale from 0 to 100.

Risk/Reward Score - Low

Trading Analysis

The FRAX token is now a low risk investment, according to the risk gauge rank. The indicator will be most helpful to traders who are concerned with risk assessment for avoiding (or adding) dangerous investments.

To get to its current price of $1.00, FRAX has moved 0.18 percent down during the last 24 hours. This change has taken place as the market capitalization of the token has increased and volume is lower than typical. The market value of the cryptocurrency is currently $1,365,809,824.21, and in the last day, $8,106,712.97 worth of tokens have traded hands. Frax is rated as having a low level of risk based on the price movement in proportion to the volume and market cap fluctuations.

Summary

The past 24 hours of price fluctuation in connection to volume changes have resulted in a low risk score for FRAX, providing traders cause to be secure about the token’s current manipulability.

Click Here to get the full Report on Frax (FRAX).

 

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