InvestorsObserver analysis has given Quantum Resistant Ledger (QRL) a high risk rating. This rating is based on a proprietary scoring system that assesses how much money is needed to influence the price of a coin within a 24-hour period. The scoring system takes into account recent changes in volume and market capitalization to determine the manipulability of a coin, with scores ranging from 0 to 100.
QRL’s current risk score indicates that it is a relatively high-risk investment. Investors who prioritize risk assessment can utilize this score to avoid or potentially seek out risky investments.
Over the past 24 hours, QRL has experienced a price decrease of 3.71%, resulting in a current price of $0.13. This price movement coincides with below-average volume and an increase in market capitalization. The total market capitalization for QRL now stands at $8,532,180.86, with $167,544.67 worth of the cryptocurrency being exchanged in the past 24 hours. Considering the price movement relative to recent volume and market cap changes, QRL receives a high risk assessment.
The recent price volatility of QRL has contributed to its high risk score. Traders have reason to be concerned about the coin’s manipulability at the moment, given the price movement in the past 24 hours in relation to volume changes.
For a comprehensive report on Quantum Resistant Ledger, including the full rankings, interested parties can click here.
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