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.
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.
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.
