Kava: Risky Investment?

1 min read

Kava has a low risk assessment according to InvestorsObserver. Based on volume and market capitalization changes over the past 24 hours, a proprietary scoring system is used to assess whether a crypto is easily manipulable with limited trading volume. Based on a 0 to 100 scale, low values represent high risk, and high values represent low risk.

Risk/Reward Score - Low

Trading Analysis

KAVA’s current risk score means it is a relatively low risk investment. Investors primarily concerned with risk assessment will find this score most useful in order to avoid (or potentially seek out) risky investments.

The price of Kava is 1.50% lower over the last 24 hours, leading to its current value of $3.39. The change in price goes along with volume being below its average level while the token’s market capitalization has risen during the same time period. The crypto’s market capitalization is now $505,733,333.67, meanwhile $75,379,792.50 worth of the currency has been traded over the past 24 hours. The volatility in price relative to the changes in volume and market cap changes give Kava a low risk analysis.

Summary

Recent price movement of KAVA gives the cryptocurrency a low risk score due to past 24 hours of price volatility in relation to volume changes, giving traders reason to be confident on the token’s manipulability at the moment.

Click Here to get the full Report on Kava (KAVA).

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