According to InvestorsObserver research, Curve DAO Token has a low risk rating. Using a proprietary system, one can calculate the level of manipulation of a token by analyzing how much money it took to shift its price over the last 24 hours, along with recent volume and market cap changes. Scores are between 0 and 100, with a lower score representing a greater risk and a higher value representing a lower risk.
Trading Analysis
CRV’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.
Curve DAO Token is -18.83% lower as of the last 24 hours of trading, resulting in its current price of $2.00. The price movement has coincided with volume being below its average level and the token’s market capitalization fallen. The market capitalization for the token now sits at $899,956,222.43 while $430,221,459.50 worth of the crypto has been exchanged over the past 24 hours. The price movement relative to the changes in volume and market cap recently, gives CRV a low risk assessment.
Summary
Recent price movement of CRV gives the cryptocurrency a low risk score due to past 24 hours of price volatility in relation to volume changes, giving traders reason to be confident on the token’s manipulability at the moment.
