InvestorsObserver analysis gives Tether Gold an average 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.
XAUT’s current risk score means it is a relatively moderate risk investment. Investors primarily concerned with risk assessment will find this score most useful in order to avoid (or potentially seek out) risky investments.
Tether Gold is -0.29% lower as of the last 24 hours of trading, resulting in its current price of $1,843.69. The price movement has coincided with volume being below its average level and the token’s market capitalization fallen. The market capitalization for the token now sits at $454,514,800.15 while $508,346.60 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 XAUT an average risk assessment.
The price volatility of XAUT 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.
Click Here to get the full Report on Tether Gold (XAUT).
Stay In The Know
Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.