Built-in speed and scalability make Telos EVM blockchain platform an ideal candidate for mainstream adoption. But is TLOS a worthy crypto investment in 2022 based on research just out by InvestorsObserver?
Telos (TLOS) achieves an average risk analysis assessment. InvestorsObserver’s proprietary system gauges how much a coin can be manipulated by analyzing much money it took to shift its price over the last 24-hour period along with an analysis of recent changes in volume and market cap. The gauge is between 0 and 100 with lower scores equating to higher risk while higher values represent lower risk.
Trading Analysis
TLOS’ risk gauge score translates to a moderate 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.
At the time of this writing, TLOS has traded 15.69% lower over the past 24 hours to its current price of $0.57. This shift has occurred while volume is below its average level and the coin’s market capitalization has risen. The cryptocurrency now has a market capitalization of $154,188,999.91 while $3,540,692.52 worth of the coin has traded over the last 24 hours. The price change in relation to the degree of volume and market cap changes gives Telos an average risk rating.
Summary
The recent price movement of TLOS gives the cryptocurrency an average risk score due to past 24 hours of price volatility in relation to volume changes, giving traders reason to be not overly concerned on the coin’s manipulability at the moment.
And, remember always do your own research and only invest what you can afford to lose – while an investment reward could be high, the same is true for the risk coming with it.
Source via this site: Is Telos (TLOS) Worth the Risk Monday? – InvestorsObserver
