CDS Crypto News Crypto Token API3 Demonstrates Moderate Risk Amidst Price Fluctuations and Growing Market Cap
Crypto News

Crypto Token API3 Demonstrates Moderate Risk Amidst Price Fluctuations and Growing Market Cap

InvestorsObserver Analysis Reveals API3 as a Moderate-Risk Investment in the Crypto Market

214
Crypto Token API3 Demonstrates Moderate Risk Amidst Price Fluctuations and Growing Market Cap

Crypto Token API3 Demonstrates Moderate Risk Amidst Price Fluctuations and Growing Market Cap

Crypto NewsInvestorsObserver‘s comprehensive analysis indicates that API3 is currently assessed as having a moderate level of risk. Their proprietary scoring system is designed to evaluate how easily a cryptocurrency can be influenced by limited trading activity, taking into account price fluctuations over the past 24 hours in relation to changes in volume and market capitalization. This assessment is based on a scale of 0 to 100, where lower values signify higher risk, while higher scores suggest lower risk.

Crypto Token API3 Demonstrates Moderate Risk Amidst Price Fluctuations and Growing Market Cap

Analyzing the Trading Patterns

API3 has been trading 14.83% lower in the last 24 hours, resulting in its current price of $1.81. Notably, this price movement has occurred alongside a decrease in trading volume compared to its average levels, even as the token’s market capitalization has increased. Currently, API3 boasts a market capitalization of $156,294,703.20, with $16,836,106.67 worth of the cryptocurrency being exchanged within the past 24 hours. When considering these price movements in relation to changes in volume and market capitalization, API3 is assigned an average risk rating.

In Summary

In summary, API3‘s recent price fluctuations in the past day of trading have resulted in an average risk assessment. This suggests that traders may not need to be overly concerned about the token’s susceptibility to manipulation at this point in time. InvestorsObserver’s analysis highlights API3 as a moderate-risk investment within the cryptocurrency market.

Crypto Token API3 Demonstrates Moderate Risk Amidst Price Fluctuations and Growing Market Cap

Leave a comment

Leave a Reply

Related Articles

23 November Crypto News: Solana Hits All-Time High as XRP Surges Following Gensler’s SEC Exit

23 November Crypto News: Solana Hits All-Time High as XRP Surges Following...

VET Price Analysis: Challenges and Opportunities Beyond $0.045

VET Price Analysis: Challenges and Opportunities Beyond $0.045

QBTS Shares Hit Milestone with 52-Week High Amid Investor Optimism

QBTS Shares Hit Milestone with 52-Week High Amid Investor Optimism

DOGE Rally Continues After Musk Hints at X Payments Feature

DOGE Rally Continues After Musk Hints at X Payments Feature