Is index-linked finance (NDX) a bad Friday investment?
Indexed Finance receives a high risk rating of InvestorsObserver To analyse. 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.
The Risk Gauge ranking for NDX 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. Indexed Finance is 20.65% lower in the last 24 hours of trading, giving its current price of $0.57. The price movement coincided with volume below its average level and the market capitalization of the token increased. The market cap of the token now sits at $490,574.82, while $4,407.47 worth of crypto has been traded in the last 24 hours. The price movement against volume and market capitalization changes recently, gives NDX a high risk rating.
NDX’s price volatility over the past 24 hours leads to high-risk analysis due to its price volatility in combination with changes in trading volume, giving investors reason to be concerned about the token’s maneuverability. from now on. Click here for the full Indexed Finance (NDX) report.