CDS Crypto News Polymath High-Risk Rating in Risk Analysis: Volatility, Volume, and Market Cap Fluctuations Raise Concerns
Crypto News

Polymath High-Risk Rating in Risk Analysis: Volatility, Volume, and Market Cap Fluctuations Raise Concerns

Polymath's Risk Analysis Points to High Volatility and Investment Risk

353
Polymath High-Risk Rating In Risk Analysis: Volatility, Volume, And Market Cap Fluctuations Raise Concerns

Polymath High-Risk Rating in Risk Analysis: Volatility, Volume, and Market Cap Fluctuations Raise Concerns

Crypto News – Polymath’s current market status, as assessed through InvestorsObserver‘s proprietary system, raises concerns due to its high-risk rating. The system evaluates a token’s susceptibility to manipulation by analyzing the amount of capital required to influence its price over the past 24 hours, in addition to scrutinizing recent changes in trading volume and market capitalization. This evaluation is expressed on a scale of 0 to 100, with lower scores indicating higher risk and higher values suggesting a lower level of risk.

Polymath High-Risk Rating In Risk Analysis: Volatility, Volume, And Market Cap Fluctuations Raise Concerns

Analyzing Trading Trends

POLY’s risk gauge score presently reflects a high-risk investment scenario. For portfolio managers who prioritize risk assessment, this gauge offers invaluable insights for identifying or avoiding high-risk investments.

Over the last 24 hours, the price of Polymath has seen a notable decline of 25.54%, resulting in its current valuation of $0.24 per token. This price drop is concurrent with trading volume falling below its average levels, while the token’s market capitalization has increased during the same period. The crypto’s market capitalization now stands at $224,809,359.56, with approximately $2,122,368.54 worth of the currency traded in the past day. The substantial price volatility in relation to changes in trading volume and market capitalization contributes to Polymath’s high-risk assessment.

In Summary

Polymath’s recent price fluctuations, specifically the 24-hour drop of 25.54%, have led to a high-risk rating in the cryptocurrency market. This heightened volatility concerning price changes relative to shifts in trading volume has raised concerns among traders, suggesting a potential susceptibility to manipulation at the moment.

Polymath High-Risk Rating In Risk Analysis: Volatility, Volume, And Market Cap Fluctuations Raise Concerns

Leave a comment

Leave a Reply

Related Articles

Sui Blockchain Faces First Major Outage: What Happened and What’s Next

Sui blockchain faces its first major outage—learn what happened, the impact on...

MicroStrategy Stock Reaches New High as Bitcoin Surges Above $98,000

MicroStrategy’s stock surged to a new all-time high as Bitcoin reached $98,000,...

Mysten Labs Resolves Sui Blockchain Outage, dApps Resume Functioning

Mysten Labs Resolves Sui Blockchain Outage, dApps Resume Functioning

Top 3 Cryptos on November 21: Qubetics Soars as Ethereum and Solana Face Resistance

Top 3 Cryptos on November 21: Qubetics Soars as Ethereum and Solana...