DigiByte (DGB) Do the Risks Outweigh the Rewards Wednesday?

Investors The DigiByte analysis gives an average 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.

Investors DigiByte gives a medium risk/reward score. Find out what this means for you and get the rest of the ratings on DigiByte!

Trading Analysis

DGB’s risk scale score translates to a moderately risky investment for the time being. Portfolio managers who weigh risk assessment significantly will find this metric more relevant when trying to avoid (or discover) riskier investments. DGB has been trading down 7.74% in the past 24 hours to its current price of $0.029549571. This shift occurred when the volume was below its mean and the market value of the currency rose. The cryptocurrency’s market cap is now $443,374,141.60 while $22,159,522.69 of the cryptocurrency has been traded in the past 24 hours. The price change in relation to volume and market value changes gives DigiByte an average risk rating.

Abstract

DGB price action over the past day of trading results in a medium risk rating as recent price action relative to trading volume gives traders a reason not to be overly concerned about the possibility of currency manipulation just yet. Click here for the full DigiByte (DGB) report.