Risk Analysis Says WAX Coin (WAXP) Is Low Risk, Does That Make It A Good Investment?

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The Content When looking for a good investment, many people will consider the coins risk analysis.  There are of course many different things to consider and take into account but if risk analysis is a big consideration for you then you may want to consider the InvestorsObserver analysis of WAXP.

WAX news

InvestorsObserver analysis gives WAX a low risk assessment. The proprietary scoring system calculates how much money was required to move the price over the past 24 hours with changes in volume and market capitalization to discover if a crypto can potentially be easily manipulated by limited trading activity. Low values representing high risk while high scores equate to low risk based on a 0 to 100 range.

Risk/Reward Score - Low

Trading Analysis

The risk gauge rank for WAXP shows the coin is currently a low risk investment. Traders focused on risk assessment will find the gauge most useful for avoiding (or adding) risky investments.

WAX is 3.65% lower as of the last 24 hours of trading, resulting in its current price of $0.36. The price movement has coincided with volume being below its average level and the coin’s market capitalization risen. The market capitalization for the coin now sits at $695,985,544.39 while $78,681,300.11 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 WAXP a low risk assessment.


WAXP’s price movement over the past day of trading leads to a low risk ranking as its recent price movement relative to trading volume gives traders reason to be confident on the coin’s manipulability as of now.

Click Here to get the full Report on WAX (WAXP).


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