Tether Gold achieves an average risk analysis based on InvestorsObserver research. The proprietary system gauges how much a token can be manipulated by analyzing much money it took to shift its price over the last 24 hour period along with analysis of recent changes in volume and market cap. The gauge is between 0 and 100 with lower scores equating to higher risk while higher values represent lower risk.
XAUT’s risk gauge score translates to a moderate risk investment at the moment. Portfolio managers who heavily weigh risk assessment will find this gauge more relevant when attempting to avoid (or discover) more risky investments.
XAUT has traded -0.19% lower over the past 24 hours to its current price of $1,918.07. This shift has occurred while volume is below its average level and the token’s market capitalization has fallen. The cryptocurrency now has a market capitalization of $472,849,813.79 while $539,236.55 worth of the token has traded over the last 24 hours. The price change in relation to the degree of volume and market cap changes gives Tether Gold an average risk rating.
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.
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.