Analyzing SushiSwap: Low Risk Profile Indicates Stability Amidst Market Fluctuations

Analyzing SushiSwap: Low Risk Profile Indicates Stability Amidst Market Fluctuations

Crypto News – In a comprehensive assessment conducted by InvestorsObserver, SushiSwap emerges with a low risk evaluation. This evaluation stems from a proprietary scoring methodology designed to gauge the susceptibility of a cryptocurrency to manipulation through limited trading activity. The scoring system operates on a scale of 0 to 100, with lower values indicating higher risk and higher scores indicative of lower risk.

Trading Analysis

SushiSwap‘s risk gauge score currently reflects it as a low-risk investment. This metric holds particular relevance for portfolio managers who prioritize meticulous risk assessment in their investment strategies.

Over the past 24 hours, Sushi has experienced a slight decrease of -1.05%, with its current price settling at $1.44. Notably, this shift occurred amidst below-average trading volume and a decline in the token’s market capitalization. Presently, SushiSwap boasts a market capitalization of $334,786,969.30, with $235,988,128.05 worth of the token traded within the last 24 hours. The observed price movement relative to changes in volume and market capitalization collectively contribute to SushiSwap’s low risk rating.

Summary

The recent price dynamics of Sushi underscore its status as a low-risk cryptocurrency. This assessment is grounded in the observed price volatility over the past 24 hours in conjunction with corresponding volume changes. As such, traders can derive confidence from the current stability of the token, reflecting a diminished susceptibility to manipulative forces in the market.