LassoCoin 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.
The LASSO Risk Scale score translates to a moderate 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 LassoCoin is down -53.17% in the last 24 hours, bringing its current value to $0.008534,760. 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 $160,886.53 while $65,901.58 has been traded in the last 24 hours. Fluctuations in price relative to changes in volume and changes in market value give LassoCoin an average risk analysis.
LASSO’s price volatility over the past 24 hours leads to an average risk analysis due to its price volatility combined with changes in trading volume, giving investors a reason not to be overly concerned about the token’s manipulability just yet. Click here for the full report on LassoCoin (LASSO).