Should You Buy Solana (SOL) Monday? – Coin24h.com
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Solana achieves an average risk analysis based on InvestorsObserver research. Our proprietary system measures how much a coin can be manipulated by analyzing how much money it took to change its price in the last 24 hours, as well as by analyzing recent changes in volume and market value. The scale ranges from 0 to 100, with lower scores representing higher risk, while higher values represent lower risk.
InvestorsObserver gives Solana an average risk/reward score. Find out what this means for you and get the rest of your investments in Solana!
The score of SOL’s risk meter currently means a moderate risk rating. Portfolio managers who emphasize risk assessment consider this metric more important when trying to avoid (or find) riskier investments.
Solana is 2.83% lower in the last 24 hours of trading, bringing it to a current price of $33.49. The change in prices has happened at the same time when the volume has remained below its average level and the market value of the coin has increased. The coin now has a market cap of $11,881,761,911.20, while $944,764,133.34 worth of crypto was traded in the last 24 hours. The price change relative to changes in volume and market value recently gives SOL an average risk assessment.
SOL’s price change during the last trading day leads to an average risk rating, as its recent price change relative to trading volume gives traders reason to be overly concerned about the coin’s manipulability for the time being.
Click here for Solana’s (SOL) full report.
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