Steem receives a low risk rating from Investors Analytics. The property registry system analyzes how much money is required to move the price in the last 24 hours. The scale looks at recent changes in volume and market value to assess the extent to which a currency 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 STEEM Risk Scale rating shows that the coin is currently a low-risk investment. Traders who focus on assessing risk will find the most useful measure to avoid (or add) to risky investments. Steem’s price has fallen by 17.07% in the past 24 hours, bringing it to its current value of $0.45. The change in price is consistent with the volume being below its average while the market value of the currency has risen over the same time period. The cryptocurrency market capitalization is now $176,033,032.07 while the coin has been traded at $47,365,899.63 in the past 24 hours. The volatility in price relative to changes in volume and changes in market value gives Steem a low risk analysis.
STEEM’s price volatility over the past 24 hours results in a low risk analysis due to price volatility coupled with changes in trading volume, giving investors reason to be confident that the currency can be manipulated thus far. Click here for the full report on Steem (STEEM).