Flare (FLR) Receives High Risk Rating in InvestorsObserver Analysis Amidst Price Volatility
Crypto News – Flare has garnered a high-risk rating from the InvestorsObserver analysis. Their proprietary scoring system assesses the amount of capital required to influence the coin’s price within the past 24 hours. This metric takes into account recent fluctuations in trading volume and market capitalization to gauge the susceptibility of a coin to manipulation. The risk score operates on a scale from 0 to 100, with lower scores signifying higher risk and higher values indicating lower risk.
Flare Trading Analysis
FLR’s risk assessment ranks it as a high-risk investment currently. For traders prioritizing risk evaluation, this gauge proves to be a valuable tool for identifying and potentially avoiding or adding to risky investments.
Flare’s price has dipped by 10.23% over the last 24 hours of trading, resulting in its present price of $0.025009886. This price movement coincides with trading volume being below its typical levels, while the coin’s market capitalization has increased. The current market capitalization for FLR stands at $815,295,603.94, with approximately $18,187,436.19 worth of the cryptocurrency traded within the past 24 hours. Given the recent price movement concerning changes in volume and market capitalization, FLR receives a high-risk assessment.
Summary
The price movement of FLR in the past day of trading has led to a high-risk rating, as its recent price fluctuations in relation to trading volume raise concerns about the coin’s susceptibility to manipulation at this time.
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