Arcblock’s High Risk Rating Sparks Investor Concern Amidst Price Volatility
Crypto News – Arcblock has been subjected to a thorough risk analysis conducted by InvestorsObserver, revealing a high-risk assessment. Employing a proprietary system, this analysis scrutinizes the susceptibility of a token to manipulation by assessing the capital required to influence its price over a 24-hour period, alongside recent fluctuations in trading volume and market capitalization. The assessment, graded on a scale of 0 to 100, indicates that ABT presently carries a relatively high level of risk, making it pertinent for investors who prioritize risk assessment to take heed.
Over the past 24 hours, ABT has experienced a noteworthy decrease in price, plummeting by 20.71% to reach its current valuation of $1.29. This decline in price coincides with a below-average trading volume, while simultaneously witnessing a surge in market capitalization.
Presently, Arcblock boasts a market capitalization of $127,063,302.83, with a total trading volume of $7,835,724.29 recorded over the same period. The substantial volatility in price, coupled with fluctuations in trading volume and market capitalization, contribute to Arcblock’s high-risk classification.
In summation, the pronounced price volatility exhibited by Arcblock over the preceding 24 hours underscores its high-risk profile. Investors are thus advised to exercise caution, as the combination of price volatility and fluctuations in trading volume raises concerns regarding the token’s susceptibility to manipulation. For a comprehensive analysis of ABT, interested parties are encouraged to access the full report via the provided link.
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