Pundi X NEM receives a high 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 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 NPXSXEM Risk Scale score translates to 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. The price of Pundi X NEM has decreased by 12.74% in the last 24 hours, bringing its current value to $0.000296473. 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 at $13,070,434.96 while $23,130.94 of the coin has been traded in the past 24 hours. The volatility in price relative to changes in volume and changes in market value gives Pundi X NEM a high-risk analysis.
The recent price action of NPXSXEM gives the cryptocurrency a high level of risk due to the price volatility of 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 Pundi X NEM (NPXSXEM) report.