The Content
According to InvestorsObserver, Gala’s risk analysis is low. Using the proprietary system, an evaluation of how much money it took to shift the market price of a token over the last 24 hours is made along with an analysis of volume and market cap changes. An index of 0 to 100 is used, with lower scores indicating greater risk and higher values indicating lower risk. Read the article below for further details
Trading Analysis
GALA’s risk gauge score translates to a low 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.
The price of Gala is -3.97% lower over the last 24 hours, leading to its current value of $0.19. 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 $1,346,767,334.60, meanwhile $370,347,934.08 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 Gala a low risk analysis.
GALA Crypto Analysis Risk
What this means: InvestorsObserver gives Gala (GALA) a low risk rank. This means that a big move in Gala is met with a lot of dollars flowing into, or out of, the cryptocurrency. Low risk cryptocurrencies are very unlikely to have their prices manipulated. A big move in a low-risk cryptocurrency means lots of dollars are moving into, or out of, that crypto.
Who this matters to: A high risk-reward score means the cryptocurrency’s price can change a lot with very few dollars at stake. This means the price could be pushed around by unscrupulous actors, or just that the price is likely to be very unpredictable.
Summary
The price volatility of GALA over the last 24 hours results in a low risk analysis due to its price volatility in combination with changes in trading volume, giving investors a reason to be confident on the token’s manipulability as of now.
