Gemini Dollar achieves low 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 result of the GUSD risk scale translates into a low-risk 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. The price of Gemini Dollar is down 0.05% in the last 24 hours, bringing it to its current value of $1.00. 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 $158,720,582.30 while $5,681,306.66 has been traded in the last 24 hours. The volatility in price relative to changes in volume and changes in market value gives Gemini Dollar a low risk analysis.
The recent price action of GUSD gives the cryptocurrency a low risk score due to the price volatility of the past 24 hours in relation to volume changes, giving traders reason to be confident that the coin can be manipulated at the present time. Click here for the full report on the Gemini Dollar (GUSD).