Dogecoin (DOGE): How dangerous is Tuesday? – InvestorsObserver

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The InvestorsObserver analysis gives Dogecoin an average risk assessment. The proprietary scoring system calculates how much money it took to move the price over the past 24 hours with changes in volume and market capitalization to see if a crypto could possibly be easily manipulated by limited trading activity. Low values ​​represent high risk, while high values ​​represent low risk, based on a range of 0 to 100.

InvestorsObserver gives Dogecoin a medium risk / reward rating. Find out what that means for you and get the rest of the rankings on Dogecoin!

Trade analysis

The risk rank for DOGE shows that the coin is currently a moderate risk investment. Traders who focus on risk assessment will find the gauge the most useful for avoiding (or adding) risky investments. DOGE has traded 4.58% lower in the past 24 hours, to its current price of $ 0.17. This shift has occurred while the volume is below its average level and the market cap of the coin has increased. The cryptocurrency now has a market capitalization of $ 22,607,264,549.93 while the coin has traded for a value of $ 824,862,108.70 in the past 24 hours. The price change in relation to the extent of the volume and market capitalization changes gives Dogecoin an average risk rating.

summary

DOGE’s recent price movement gives the cryptocurrency an average risk rating in terms of volume changes due to price volatility over the past 24 hours, which gives traders cause not to be too concerned about the manipulability of the coin at the moment. For the full review on Dogecoin (DOGE), click here.


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