How Risky is It Wednesday?

Velo receives an average risk rating of Investors Analytics. The property registry system analyzes how much money is required to move the price in the last 24 hours. The metric looks at recent changes in volume and market capitalization to assess how much token can be manipulated through limited trading. The score ranges from 0 to 100, with low scores representing high risk and high values ​​corresponding to low risk.

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

Trading Analysis

The VELO Risk Scale rating shows that the token is currently a medium-risk investment. Traders who focus on assessing risk will find the most useful measure to avoid (or add) to risky investments. The price of Velo has decreased by 4.85% in the past 24 hours, bringing its current value to $0.14. The change in price is consistent with the volume being below its average while the market cap of the token has increased over the same time period. The cryptocurrency market cap is now $46,565,522.67 while $2,175,624.41 worth of the coin has been traded in the last 24 hours. The volatility in price relative to changes in volume and changes in market value gives Velo an average risk analysis.

Abstract

The recent price action of the VELO cryptocurrency gives the cryptocurrency an average degree of risk due to price volatility over the past 24 hours in relation to volume changes, giving traders a reason not to be overly concerned about the possibility of the coin being manipulated at the moment. Click here for the full report on Velo (VELO).