Is ETHplode (ETHPLO) a bad Friday investment?

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Is ETHplode (ETHPLO) a bad Friday investment?

ETHplode receives a high risk note 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.

Risk/Reward Score - High
InvestorsObserver gives ETHplode a high risk/reward score. Find out what this means for you and get the rest of the rankings on ETHplode!

Business analysis

ETHPLO’s current risk score means that it is a relatively high risk investment. Investors primarily concerned with risk assessment will find this score very useful in avoiding (or potentially seeking out) risky investments. The price of ETHplode has declined by 3.28% in the last 24 hours, leading to its current value of $0.000507924. The price change is accompanied by a volume below its average level while the market capitalization of the token has increased during the same period. The crypto’s market cap is now at $22,766.80, while $0.39 of the currency has been traded in the last 24 hours. Price volatility against volume changes and market capitalization changes give ETHplode a high-risk analysis.

Summary

ETHPLO’s recent price movement gives the cryptocurrency a high risk score due to price volatility over the past 24 hours versus volume changes, giving traders reason to be concerned about the handling of the token at the moment.

Click here for the full ETHplode report (ETHPLO).

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