Investors The analysis gives DeFi Bids a high risk rating. The proprietary system calculates the amount of funds required to move the price over the past 24 hours with changes in volume and market value to detect whether cryptocurrencies can be easily manipulated by limited trading activity. Low values represent high risk while high points equal low risk based on a range from 0 to 100.
The current degree of risk in BID means that it is a relatively high-risk investment. Investors who are primarily interested in assessing risk will find this degree very useful for avoiding (or perhaps seeking out) risky investments. The price of DeFi Bids has decreased by -22.12% in the last 24 hours, bringing its current value to $0.008703197. The change in price is consistent with the volume being below its average while the market cap of the token has declined over the same time period. The market capitalization of the cryptocurrency is now $213,559.55, while the coin has been traded at $99.96 in the past 24 hours. The volatility in price relative to changes in volume and changes in market value gives DeFi Bids a high risk analysis.
The recent price movement of BID gives the cryptocurrency a high level of risk due to the price fluctuations in the past 24 hours in relation to volume changes, giving traders reason to worry about the possibility of the coin being manipulated at the moment. Click here for the full report on DeFi Offers (BID).