Veil achieves a excessive risk evaluation primarily based on InvestorsObserver analysis. The proprietary system gauges how a lot a coin could be manipulated by analyzing a lot cash it took to shift its value over the past 24 hour interval together with evaluation of current modifications in quantity and market cap. The gauge is between 0 and 100 with decrease scores equating to larger threat whereas larger values signify decrease threat.
Buying and selling Evaluation
VEIL’s present threat rating means it’s a comparatively excessive threat funding. Buyers primarily involved with threat evaluation will discover this rating most helpful with a purpose to keep away from (or doubtlessly hunt down) dangerous investments.
Veil is 12.79% decrease as of the final 24 hours of buying and selling, leading to its present value of $0.003419814. The worth motion has coincided with quantity being under its common degree and the coin’s market capitalization risen. The market capitalization for the coin now sits at $294,370.34 whereas $333.62 value of the crypto has been exchanged over the previous 24 hours. The worth motion relative to the modifications in quantity and market cap just lately, offers VEIL a excessive threat evaluation.
Latest value motion of VEIL offers the cryptocurrency a excessive threat rating resulting from previous 24 hours of value volatility in relation to quantity modifications, giving merchants purpose to be involved on the coin’s manipulability for the time being.
Keep In The Know
Subscribe to our day by day morning replace e-newsletter and by no means miss out on the need-to-know market information, actions, and extra.