Digital Fitness achieves an average risk analysis based on Investor Observer research. The proprietary system measures how much a token can be manipulated by analyzing how much money it took to move its price over the past 24 hour period along with analyzing recent changes in volume and market capitalization. The meter is between 0 and 100 with lower scores equating to higher risk while higher values represent lower risk.
Trade analysis
DEFIT’s risk meter score translates to a moderate risk investment at the moment. Portfolio managers who weigh risk assessment heavily will find this metric more relevant when trying to avoid (or discover) riskier investments. Digital Fitness is down 7.62% from the last 24 hours of trading, leading to its current price of $0.10. The price movement coincided with volume being below its average level and the token’s market capitalization rising. The market cap for the token now stands at $2,728,048.92 while $304,450.44 of the crypto has been exchanged over the past 24 hours. The price movement relative to the changes in volume and market capitalization recently, DEFIT gives an average risk assessment.
Summary
DEFIT’s price movement over the past day of trading results in an average risk ranking as its recent price movement relative to trading volume gives traders reason not to worry too much about the manipulability of the token. Click here to get the full Digital Fitness (DEFIT) report.
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