MyBit achieves a excessive risk evaluation based mostly on InvestorsObserver analysis. The proprietary system gauges how a lot a token might be manipulated by analyzing a lot cash it took to shift its value over the past 24 hour interval together with evaluation of latest modifications in quantity and market cap. The gauge is between 0 and 100 with decrease scores equating to greater danger whereas greater values signify decrease danger.
Buying and selling Evaluation
MYB’s present danger rating means it’s a comparatively excessive danger funding. Traders primarily involved with danger evaluation will discover this rating most helpful with a view to keep away from (or probably hunt down) dangerous investments.
The value of MyBit is -66.85% decrease over the past 24 hours, resulting in its present worth of $0.000232197. The change in value goes together with quantity being beneath its common stage whereas the token’s market capitalization has fallen throughout the identical time interval. The crypto’s market capitalization is now $36,498.35, in the meantime $148.89 value of the forex has been traded over the previous 24 hours. The volatility in value relative to the modifications in quantity and market cap modifications give MyBit a excessive danger evaluation.
Latest value motion of MYB offers the cryptocurrency a excessive danger rating resulting from previous 24 hours of value volatility in relation to quantity modifications, giving merchants purpose to be involved on the token’s manipulability in the mean time.
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