Bonded Finance checks average risk analysis based on Investors Research. The proprietary system measures how much a token has been manipulated by analyzing how much money it took to change its price in the past 24 hours along with analysis of recent changes in volume and market value. The scale is between 0 and 100 with lower scores equaling higher risks and higher values representing lower risks.
The BOND 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. Bonded Finance’s price is down -28.41% in the last 24 hours, bringing its current value to $0.017283772. 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 cryptocurrency market cap is now $6,639,550.63 while $242,848.83 has been traded in the past 24 hours. The volatility in price relative to changes in volume and changes in market value gives Bonded Finance an average risk analysis.
The recent price action of the BOND cryptocurrency gives the cryptocurrency an average degree of risk due to the price volatility of 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 BOND report.