Webflix Token receives a high risk rating of InvestorsObserver analysis. The proprietary rating system analyzes how much money was needed to move the price in the last 24 hours. The metric looks at recent changes in volume and market capitalization to gauge how much a token can be manipulated by limit trading. The score ranges from 0 to 100, with low scores representing high risk and high values representing low risk.
Business analysis
The Risk Gauge ranking for WFX shows that the token is currently a high-risk investment. Risk-oriented traders will find the gauge most useful for avoiding (or adding to) risky investments. The Webflix token is -24.43% lower in the last 24 hours of trading, giving its current price of $0.000040962. The price move coincided with volume below its average level and the token’s market capitalization plummeted. The market cap of the token now sits at $592,691.99, while $53.31 worth of crypto has been traded in the last 24 hours. The price movement against volume and market capitalization changes recently, gives WFX a high-risk valuation.
Summary
WFX’s recent price movement gives the cryptocurrency a high risk score due to past 24-hour price volatility versus volume changes, giving traders reason to be concerned about maneuverability token for now. Click here for the full Webflix Token (WFX) report.
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