Due to historical 24 hours of price fluctuations in proportion to volume changes, the cryptocurrency FRAX has a low risk rating, providing traders cause to be comfortable in the token’s manipulability at the time.
Based on InvestorsObserver research, Frax achieves a low risk analysis. The unique system determines how easily a token can be manipulated by looking at how much money it took to adjust its price in the previous 24 hours, as well as recent volume and market cap fluctuations. The scale runs from 0 to 100, with lower scores indicating higher risk and higher numbers indicating reduced risk.
Trading Analysis
FRAX’s risk gauge score now indicates a low-risk investment. When aiming to avoid (or discover) more risky investments, portfolio managers who place a high value on risk assessment will find this metric more useful.
Frax has dropped -0.04 percent in the previous 24 hours, resulting in a current price of $1.00. The price fluctuation has been accompanied by lower volume and a decrease in the token’s market capitalization. The token’s market capitalization is now $1,510,447,819.76, with $44,132,029.90 worth of cryptocurrency moved in the last 24 hours. FRAX has a low risk rating based on recent price movement in relation to volume and market cap movements.
Summary
Due to the past 24 hours of price volatility in proportion to volume changes, the cryptocurrency FRAX has a low risk score, providing traders cause to be confident in the token’s manipulability at the time.
