Trading Analysis
LPT’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 Livepeer is -0.03% lower over the last 24 hours, leading to its current value of $25.01. 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 $529,304,649.18, meanwhile $17,156,221.88 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 Livepeer a low risk analysis.
Summary
The price volatility of LPT 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.