Wall Street Memes (WSM) has attracted the attention of investors, but is it a wise buy for Friday? According to research conducted by InvestorsObserver, the cryptocurrency has achieved an average risk analysis. The proprietary system utilized by InvestorsObserver assesses the token’s susceptibility to manipulation by analyzing the amount of money required to shift its price within the last 24 hours, in addition to evaluating recent changes in volume and market cap. This analysis results in a risk gauge score ranging from 0 to 100, where lower scores indicate higher risk and higher scores indicate lower risk.
Wall Street Memes has been assigned a medium Risk/Reward Score by InvestorsObserver. This score provides valuable insights for potential investors, and the complete rankings for Wall Street Memes are available for review.
Trading Analysis
The risk gauge rank for WSM indicates that the token currently represents a moderate risk investment. Traders who prioritize risk assessment can leverage this gauge to steer clear of or consider adding risky investments.
Over the past 24 hours, WSM has experienced a 16.78% decrease in trading, leading to its current price of $0.005605053. This downward shift has transpired while the volume remains below its average level, and the token’s market capitalization has also declined. As of now, the cryptocurrency boasts a market capitalization of $10,816,147.18, with $3,831,574.81 worth of the token traded in the last 24 hours. Considering the price change in relation to the volume and market cap adjustments, Wall Street Memes has received an average risk rating.
Summary
The recent price movement of WSM in the trading landscape has resulted in an average risk ranking. Traders can take solace in the fact that the token’s manipulability does not raise significant concerns at present. For a comprehensive report on Wall Street Memes (WSM), readers can access the full analysis by clicking here.
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