Should You Buy NFT Worlds (WRLD) Wednesday?
NFT Worlds receives a high risk rating from InvestorsObserver analysis. The proprietary scoring system analyzes how much money was needed to move the price in the last 24 hours. The calculation looks at recent changes in volume and market capitalization 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 corresponding to low risk.
Trade analysis
The risk gauge ranking for WRLD shows that the token is currently a high-risk investment. Traders who focus on risk assessment will find the gauge most useful in avoiding (or adding to) risky investments. WRLD has traded -21.17% lower in the last 24 hours at the current price of $0.011962080. This shift has occurred while volume is below average levels and the token’s market value has fallen. The cryptocurrency now has a market cap of $8,518,085.53 while $149,310.48 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
The price volatility of WRLD in the last 24 hours results in a high-risk analysis due to the price volatility combined with changes in trading volume, giving investors a reason to be concerned about the token’s manipulability as of now. Click here for the full report on NFT Worlds (WRLD).
