Gem Exchange and Trading receives an average 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.
GXT’s current risk score means it is a relatively moderate risk investment. Investors primarily concerned with risk assessment will find this score most useful in order to avoid (or potentially seek out) risky investments.
Gem Exchange and Trading is 33.14% lower as of the last 24 hours of trading, resulting in its current price of $0.000618853. The price movement has coincided with volume being below its average level and the token’s market capitalization risen. The market capitalization for the token now sits at $51,692.33 while $4,281.42 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 GXT an average risk assessment.
Recent price movement of GXT gives the cryptocurrency an average risk score due to past 24 hours of price volatility in relation to volume changes, giving traders reason to be not overly concerned on the token’s manipulability at the moment.
Stay In The Know
Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.