High Risk Rating for AllianceBlock Nexera (NXRA) in InvestorsObserver Analysis

High Risk Rating for AllianceBlock Nexera (NXRA) in InvestorsObserver Analysis

Crypto News – InvestorsObserver‘s proprietary scoring system has assessed AllianceBlock Nexera (NXRA) as a high-risk investment. This system scrutinizes the amount of capital required to influence price movements over the past 24 hours. It takes into account recent fluctuations in trading volume and market capitalization to gauge how susceptible a token is to manipulation due to limited trading activity. The scoring system operates on a scale from 0 to 100, with lower scores indicating a higher level of risk and higher scores suggesting a lower risk.

Trading Analysis

The risk assessment for NXRA indicates that it is currently a high-risk investment. Traders who prioritize risk evaluation will find this assessment valuable for making informed decisions about whether to steer clear of or consider adding this token to their portfolios.

Over the past 24 hours, AllianceBlock Nexera has experienced a 27.85% decrease in price, resulting in its current valuation of $0.14. This price decline has occurred alongside trading volume being below its typical levels, despite an increase in the token’s market capitalization during the same period. The cryptocurrency now boasts a market capitalization of $102,392,958.03, with a trading volume of $2,346,020.08 over the past 24 hours. The pronounced price volatility in relation to shifts in trading volume and market capitalization underscores the high-risk nature of AllianceBlock Nexera.

Summary

NXRA’s recent price movement during the past day of trading has earned it a high-risk rating. This is primarily due to the significant price drop in relation to trading volume, which raises concerns about the token’s susceptibility to manipulation at this time.