Binance USD receives a low risk rating from InvestorsObserver analysis. The proprietary scoring system analyzes how much money it took to move the price over the past 24 hours. The metric looks at recent changes in volume and market capitalization to assess how much a token can be manipulated by limited trading. The score ranges from 0 to 100, with low values corresponding to high risk and high values corresponding to low risk.
InvestorsObserver gives Binance USD a low Risk / Reward Score. Find out what that means for you and get the rest of the rankings on Binance USD!
The risk measure rank for BUSD shows that the token is currently a low risk investment. Traders who focus on risk assessment will find the gauge the most useful for avoiding (or adding) risky investments. The price of Binance USD has dropped 0.02% in the last 24 hours, bringing the current value to USD 1.00. The price change is accompanied by the fact that the volume is below its average level, while the token’s market capitalization has increased over the same period. The market capitalization of the cryptocurrency is now $ 13,803,648,749.25 while the currency has traded at $ 5,379,170,498.80 in the past 24 hours. The volatility of price in relation to changes in volume and market capitalization give Binance USD a low risk analysis.
The price movement of the BUSD on the last trading day leads to a low risk ranking, as the most recent price movement in relation to the trading volume gives traders reason to be convinced that the token can be manipulated with immediate effect. For the full report on Binance USD (BUSD), click here.