Shiba Inu receives an average risk rating from InvestorsObserver analysis. The proprietary scoring system analyzes how much money was required to move the price over the past 24 hours. The metric looks at recent changes in volume and market cap 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 equating to low risk.
Trading Analysis
The risk gauge rank for SHIB shows the token is currently a moderate risk investment. Traders focused on risk assessment will find the gauge most useful for avoiding (or adding) risky investments.
The price of Shiba Inu is -4.21% lower over the last 24 hours, leading to its current value of $0.000009500. The change in price goes along with volume being below its average level while the token’s market capitalization has fallen during the same time period. The crypto’s market capitalization is now $5,600,570,526.73, meanwhile $183,630,147.24 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 Shiba Inu an average risk analysis.
Summary
The price volatility of SHIB over the last 24 hours results in an average risk analysis due to its price volatility in combination with changes in trading volume, giving investors a reason to be not overly concerned on the token’s manipulability as of now.
