Veritaseum Hits High dangerous Rating from investor observer analysis. A unique scoring system analyzes the amount of money needed to move the price in the last 24 hours. This indicator looks at recent changes in volume and market cap to assess how much you can manipulate your token with limited trading. Scores range from 0 to 100, with lower scores representing higher risk and higher values representing lower risk.
VERI’s Risk Gauge score currently equates to a high risk investment. Portfolio managers who focus on risk assessment will find this gauge more appropriate when trying to avoid (or spot) riskier investments. VERI has fallen -3.24% over the last 24 hours and is currently at $47.76. This shift occurred while volumes were below average levels and the market cap of the token was falling. The cryptocurrency currently has a market capitalization of $12,657,835.36, but $40,090.14 worth of tokens have traded in the last 24 hours. Veritaseum’s risk rating is high due to price changes related to the degree of change in volume and market capitalization.
VERI’s price volatility in past day trading leads to a high risk ranking as recent price volatility relative to trading volume gives traders reason to be concerned about the current token’s operability.
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