LUXCoin receives a excessive risk score from InvestorsObserver evaluation. The proprietary scoring system analyzes how a lot cash was required to maneuver the value over the previous 24 hours. The metric seems at current adjustments in quantity and market cap to guage how a lot a coin might be manipulated by restricted buying and selling. The rating ranges from 0 to 100, with low scores representing excessive danger and excessive values equating to low danger.
Buying and selling Evaluation
LUX’s danger gauge rating interprets to a excessive danger funding in the intervening time. Portfolio managers who closely weigh danger evaluation will discover this gauge extra related when trying to keep away from (or uncover) extra dangerous investments.
The worth of LUXCoin is -30.46% decrease during the last 24 hours, resulting in its present worth of $0.004382263. The change in value goes together with quantity being under its common degree whereas the coin’s market capitalization has fallen throughout the identical time interval. The crypto’s market capitalization is now $58,962.37, in the meantime $7.37 value of the forex has been traded over the previous 24 hours. The volatility in value relative to the adjustments in quantity and market cap adjustments give LUXCoin a excessive danger evaluation.
Abstract
The worth volatility of LUX during the last 24 hours leads to a excessive danger evaluation resulting from its value volatility together with adjustments in buying and selling quantity, giving traders a purpose to be involved on the coin’s manipulability as of now.
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