Litecoin receives a low risk ranking from InvestorsObserver evaluation. The proprietary scoring system analyzes how a lot cash was required to maneuver the value over the previous 24 hours. The metric seems at current modifications in quantity and market cap to guage how a lot a coin could be manipulated by restricted buying and selling. The rating ranges from 0 to 100, with low scores representing excessive danger and excessive values equating to low danger.
Buying and selling Evaluation
LTC’s present danger rating means it’s a comparatively low danger funding. Buyers primarily involved with danger evaluation will discover this rating most helpful with the intention to keep away from (or doubtlessly hunt down) dangerous investments.
LTC has traded -0.11% decrease over the previous 24 hours to its present value of $69.28. This shift has occurred whereas quantity is beneath its common stage and the coin’s market capitalization has fallen. The cryptocurrency now has a market capitalization of $4,957,575,632.07 whereas $1,429,540,712.75 value of the coin has traded during the last 24 hours. The worth change in relation to the diploma of quantity and market cap modifications offers Litecoin a low danger ranking.
Abstract
LTC’s value motion over the previous day of buying and selling results in a low danger rating as its current value motion relative to buying and selling quantity offers merchants purpose to be assured on the coin’s manipulability as of now.
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