Monero Hits Low dangerous analysis based on investor observer research. Our proprietary system measures how much a coin can be manipulated by analyzing recent volume and market cap changes, as well as how much it has taken to change prices in the last 24 hours. The gauge ranges from 0 to 100, with lower scores indicating higher risk and higher values indicating lower risk.
XMR’s Risk Gauge score currently equates to a low-risk investment. Portfolio managers who focus on risk assessment will find this gauge more appropriate when trying to avoid (or spot) riskier investments. XMR is down 0.10% over the last 24 hours and is currently at $149.27. This shift occurred while volumes were below average levels and the coin’s market cap was rising. The cryptocurrency currently has a market capitalization of $2,716,093,867.75, but $89,720,256.95 worth of coins have been traded in the last 24 hours. Monero’s risk rating is low due to price changes in response to changes in volume and market capitalization.
XMR’s price volatility in past day trading leads to low risk rankings as recent price volatility relative to trading volume gives traders reason to be confident in the current coin’s operability.
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