Does the reward outweigh the risk?
InvestorsObserver analysis gives NFT Worlds a high risk rating. The proprietary scoring system calculates how much money was needed to move the price over the past 24 hours with changes in volume and market capitalization to determine if a crypto is potentially easily manipulated by limited trading activity. Low values represent high risk while high scores correspond to low risk based on a 0 to 100 range.
Trade analysis
WRLD’s current risk score means it is a relatively high risk investment. Investors primarily concerned with risk assessment will find this score most useful in avoiding (or potentially seeking out) risky investments. WRLD has traded 31.60% lower in the last 24 hours at its current price of $0.018892340. This shift has occurred while the volume is below the average level and the token’s market value has increased. The cryptocurrency now has a market cap of $13,453,059.09 while $166,519.86 worth of the token has traded in the last 24 hours. The price change in relation to volume and market value changes gives NFT Worlds a high risk assessment.
Summary
Recent price movement of WRLD gives the cryptocurrency a high risk score due to the last 24 hours of price volatility relative to volume changes, giving traders reason to be concerned about the token’s manipulability at the moment. Click here for the full report on NFT Worlds (WRLD).
