Investors The analysis of the PAID network gives a high risk assessment. 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.
The PAID Risk Scale rating shows that the token is currently a high-risk investment. Traders who focus on assessing risk will find the most useful measure to avoid (or add) to risky investments. The price of the PAID network has decreased by 12.37% in the past 24 hours, resulting in its current value of $0.60. 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 $49,899,647.23 while $435,716.08 has been traded in the past 24 hours. Fluctuations in price relative to changes in volume and changes in market value give a paid network a high-risk analysis.
The recent price action of PAID gives the cryptocurrency a high level of risk due to the price fluctuation in the past 24 hours in relation to volume changes, giving traders reason to worry about the possibility of the coin being manipulated at the moment. Click here for the full Payment Network (PAID) report.