investor observer Analysis rates Tether as low risk. Proprietary scoring system to move prices over the last 24 hours based on changes in volume and market capitalization to discover if a cryptocurrency could be easily manipulated by limited trading activity Calculate the amount required for Based on a range of 0 to 100, low values represent high risk and high scores correspond to low risk.
USDT’s Risk Gauge score currently equates to a low-risk investment. Portfolio managers who focus on risk assessment will find this gauge more appropriate when trying to avoid (or spot) riskier investments. Tether is -0.02% cheaper after trading in the last 24 hours, currently at $1.00. The price movement is consistent with below-average levels of trading volume and a decline in the token’s market cap. The token market cap is currently $66,367,065,941.49, but $35,399,344,046.27 worth of cryptocurrency has been exchanged in the last 24 hours. USDT has a lower risk rating due to price volatility associated with recent volume and market capitalization changes.
USDT’s price volatility over past day trading results in a low risk ranking as recent price volatility relative to trading volume gives traders more confidence in the token’s current operability. Click here for the full report on Tether (USDT).
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