dYdX receives a low risk score from InvestorsObserver evaluation. The proprietary scoring system analyzes how a lot cash was required to maneuver the worth over the previous 24 hours. The metric appears to be like at latest adjustments in quantity and market cap to judge how a lot a token will be manipulated by restricted buying and selling. The rating ranges from 0 to 100, with low scores representing excessive danger and excessive values equating to low danger.
Buying and selling Evaluation
DYDX’s danger gauge rating interprets to a low danger funding for the time being. Portfolio managers who closely weigh danger evaluation will discover this gauge extra related when trying to keep away from (or uncover) extra dangerous investments.
DYDX has traded 11.73% decrease over the previous 24 hours to its present value of $1.96. This shift has occurred whereas quantity is under its common degree and the token’s market capitalization has risen. The cryptocurrency now has a market capitalization of $128,552,657.15 whereas $365,286,401.11 value of the token has traded during the last 24 hours. The value change in relation to the diploma of quantity and market cap adjustments offers dYdX a low danger score.
Abstract
Latest value motion of DYDX offers the cryptocurrency a low danger rating as a result of previous 24 hours of value volatility in relation to quantity adjustments, giving merchants cause to be assured on the token’s manipulability for the time being.
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