Civic (CVC) Earns Moderate Risk Rating Amidst 12.05% Price Drop in 24 Hours
Crypto News – InvestorsObserver‘s analysis has assigned Civic (CVC) an average risk assessment. This proprietary scoring system evaluates the sensitivity of a cryptocurrency’s price to changes in volume and market capitalization over the past 24 hours. It aims to identify whether a crypto asset is susceptible to manipulation due to limited trading activity. In this system, lower values indicate higher risk, while higher scores denote lower risk, within a 0 to 100 range.
Trading Analysis: Moderate Risk
CVC currently carries a moderate risk rating according to the risk gauge score. Portfolio managers who prioritize risk assessment may find this gauge useful in identifying or avoiding riskier investments.
Over the past 24 hours, CVC has experienced a 12.05% decrease in its price, bringing it to its current value of $0.14. This decline has occurred with trading volume below its average level, while the token’s market capitalization has increased. Civic’s market capitalization now stands at $144,086,235.50, with $52,531,282.66 worth of the token traded within the last 24 hours. The relationship between price change, volume, and market capitalization positions Civic with an average risk rating.
Summary: Average Risk Ranking
Civic (CVC) exhibits an average risk ranking based on its recent price movement and its relationship with trading volume. This suggests that, at present, there is no significant cause for concern regarding the token’s susceptibility to manipulation.
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