The Analysts at InvestorsObserver rate LCX as low risk. Over the past 24 hours, the proprietary scoring system calculated how much money was needed to move the price. This metric evaluates how much the token can be manipulated by limited trading by observing recent changes in volume and market cap. Low scores translate into high risk, while high values translate into low risk.
LCX’s risk gauge score translates to a low risk investment at the moment. Portfolio managers who heavily weigh risk assessment will find this gauge more relevant when attempting to avoid (or discover) more risky investments.
LCX has traded 49.55% lower over the past 24 hours to its current price of $0.28. This shift has occurred while volume is below its average level and the token’s market capitalization has risen. The cryptocurrency now has a market capitalization of $205,503,413.06 while $69,400,082.49 worth of the token has traded over the last 24 hours. The price change in relation to the degree of volume and market cap changes gives LCX a low risk rating.
LCX’s price movement over the past day of trading leads to a low risk ranking as its recent price movement relative to trading volume gives traders reason to be confident on the token’s manipulability as of now.
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