Investors FUTURAX analysis 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.
FTXT’s risk scale score translates into a high-risk investment at the moment. Portfolio managers who weigh heavily in assessing risk will find this metric more relevant when trying to avoid (or discover) riskier investments. FTXT has been trading down 56.02% in the past 24 hours to its current price of $0.000015225. This shift occurred when the volume was below its mean and the market capitalization of the token increased. The cryptocurrency now has a market capitalization of $51,864.06 while $642.32 of the token has been traded in the past 24 hours. The price change in relation to volume and market value changes gives FUTURAX a high risk rating.
FTXT’s price action over the past trading day results in a high risk rating as recent price action relative to trading volume gives traders reason to worry about the possibility of the token being manipulated thus far. Click here for the full report on FUTURAX (FTXT).