Nasdacoin Receives Average 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 metric 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 current degree of risk of NSD means that it is an investment with relatively moderate risk. Investors who are primarily interested in assessing risk will find this degree very useful for avoiding (or perhaps seeking out) risky investments. NSD has been trading down 71.19% in the past 24 hours to its current price of $0.004234554. This shift occurred when the volume was below its mean and the market value of the currency rose. The cryptocurrency now has a market capitalization of $113,942.52 while the digital currency has traded at a value of $7,271.47 over the past 24 hours. The change in price in relation to the degree of volume and changes in market value gives Nasdacoin an average risk rating.
NSD price action over the previous trading day results in a medium risk rating as recent price action relative to trading volume gives traders a reason not to be overly concerned about the possibility of currency manipulation just yet. Click here for the full Nasdacoin (NSD) report.