News Home

Thursday, March 21, 2024 06:07 PM | InvestorsObserver Analysts

What Does a Risk Analysis Say About Diamond Launch (DLC) Thursday?

Diamond Launch receives a high risk rating from InvestorsObserver analysis. The proprietary scoring system analyzes how much money was required to move the price over the past 24 hours. The metric looks at recent changes in volume and market cap to evaluate how much a token can be manipulated by limited trading. The score ranges from 0 to 100, with low scores representing high risk and high values ​​equating to low risk.

Risk/Reward Score - High
InvestorsObserver is giving Diamond Launch a high Risk/Reward Score. Find out what this means to you and get the rest of the rankings on Diamond Launch!

Trading Analysis

The risk gauge rank for DLC shows the token is currently a high risk investment. Traders focused on risk assessment will find the gauge most useful for avoiding (or adding) risky investments. Diamond Launch is -3.09% lower as of the last 24 hours of trading, resulting in its current price of $0.15. The price movement has coincided with volume being below its average level and the token’s market capitalization falling. The market capitalization for the token now sits at $14,279,482.99 while $105,470.85 worth of the crypto has been exchanged over the past 24 hours. The price movement relative to the changes in volume and market cap recently, gives DLC a high risk assessment.

Summary

Recent price movements of DLC give the cryptocurrency a high risk score due to past 24 hours of price volatility in relation to volume changes, giving traders reason to be concerned on the token’s manipulability at the moment. Click Here to get the full Report on Diamond Launch (DLC).

You May Also Like