Based on InvestorsObserver’s analysis, Audius is deemed low risk. The proprietary scoring system calculates how much money was required to move the price over the past 24 hours. To determine how much a token can be manipulated, the metric looks at recent changes in volume and market cap. There are 0 to 100 values on this scale, with low scores indicating high risk and high scores indicating low risk.
Trading Analysis
The risk gauge rank for AUDIO shows the token is currently a low risk investment. Traders focused on risk assessment will find the gauge most useful for avoiding (or adding) risky investments.
AUDIO has traded -5.08% lower over the past 24 hours to its current price of $0.32. This shift has occurred while volume is below its average level and the token’s market capitalization has fallen. The cryptocurrency now has a market capitalization of $234,533,571.46 while $34,929,401.00 worth of the token has traded over the last 24 hours. The price change in relation to the degree of volume and market cap changes gives Audius a low risk rating.
Summary
The price volatility of AUDIO over the last 24 hours results in a low risk analysis due to its price volatility in combination with changes in trading volume, giving investors a reason to be confident on the token’s manipulability as of now.
Via this site
