bitCNY achieves a low risk evaluation based mostly on InvestorsObserver analysis. The proprietary system gauges how a lot a token will 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 greater threat whereas greater values signify decrease threat.
Buying and selling Evaluation
BITCNY’s present threat rating means it’s a comparatively low threat funding. Traders primarily involved with threat evaluation will discover this rating most helpful in an effort to keep away from (or doubtlessly search out) dangerous investments.
The worth of bitCNY is -0.17% decrease over the past 24 hours, resulting in its present worth of $0.14. The change in worth goes together with quantity being under its common degree whereas the token’s market capitalization has fallen throughout the identical time interval. The crypto’s market capitalization is now $3,974,238.61, in the meantime $1,654,962.43 value of the forex has been traded over the previous 24 hours. The volatility in worth relative to the modifications in quantity and market cap modifications give bitCNY a low threat evaluation.
Abstract
The worth volatility of BITCNY over the past 24 hours leads to a low threat evaluation attributable to its worth volatility together with modifications in buying and selling quantity, giving traders a cause to be assured on the token’s manipulability as of now.
Keep In The Know
Subscribe to our every day morning replace e-newsletter and by no means miss out on the need-to-know market information, actions, and extra.
