Komodo (KMD) gets a low risk rating with current price of $0.58 as $11.6m worth of the coin traded over the last 24hrs

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The Content A low risk assessment is given to Komodo by InvestorsObserver, Saturday 12th February 2022.

A proprietary scoring system measures if a crypto can potentially be easily manipulated by limited trading volume by calculating how much money was required to move the price over the past 24 hours. On a 0-100 scale, low values represent high risk and high values represent low risk.

Risk/Reward Score - Low

Trading Analysis

KMD has traded 10.38% lower over the past 24 hours to its current price of $0.58. This shift has occurred while volume is below its average level and the coin’s market capitalization has risen. The cryptocurrency now has a market capitalization of $75,653,610.59 while $11,629,541.30 worth of the coin has traded over the last 24 hours. The price change in relation tothe degree of volume and market cap changes gives Komodo a low risk rating.

KMD’s risk gauge score translates to a low risk investment at the moment. Portfolio managers who heavily weigh risk assessment will find this gauge more relevant when attempting to avoid (or discover) more risky investments.


credit:tradingview.com

Summary

Recent price movement of KMD gives the cryptocurrency a low risk scoredue to past 24 hours of price volatility in relation to volume changes, giving traders reason to be confident on the coin’s manipulability at the moment.

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