header banner
Default

Thursday: Is Bonk (BONK) Worth the Risk?


News Home

Is Bonk (BONK) Worth the Risk Thursday?

Bonk receives an average risk rating from InvestorsObserver analysis. The proprietary scoring system analyzes how much money was required to move the price over the past 24 hours. The metric looks at recent changes in volume and market cap to evaluate how much a token can be manipulated by limited trading. The score ranges from 0 to 100, with low scores representing high risk and high values equating to low risk.

Risk/Reward Score - Medium

InvestorsObserver is giving Bonk a medium Risk/Reward Score. Find out what this means to you and get the rest of the rankings on Bonk!

Trading Analysis

VIDEO: Warning To All BONK Crypto Holders & Bitcoin Short Term Price Analysis
Eric Krown Crypto
The risk gauge rank for BONK shows the token is currently a moderate risk investment. Traders focused on risk assessment will find the gauge most useful for avoiding (or adding) risky investments. BONK has traded -21.82% lower over the past 24 hours to its current price of $0.000002428. This shift has occurred while volume is below its average level and the token's market capitalization has fallen. The cryptocurrency now has a market capitalization of $131,564,599.04 while $76,013,387.52 worth of the token has traded over the last 24 hours. The price change in relation to the degree of volume and market cap changes gives Bonk an average risk rating.

Summary

VIDEO: Sell the Bonk Token when... ⚠️ Crypto Analysis
Gerhard - Bitcoin Strategy
BONK's price movement over the past day of trading leads to an average risk ranking as its recent price movement relative to trading volume gives traders reason to be not overly concerned on the token's manipulability as of now. Click Here to get the full Report on Bonk (BONK).

Stay In The Know

VIDEO: Why the Bonk Token is up 🤩 Crypto Analysis
Gerhard - Bitcoin Strategy

Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.

Related Articles

VIDEO: Why Bonk - and no other token?! 🤔 Crypto Analysis
Gerhard - Bitcoin Strategy

You May Also Like

VIDEO: 🤑Become a BONK millionaire with Solana memecoins
CryptoWendyO

Sources


Article information

Author: Caleb Paul

Last Updated: 1702800841

Views: 1092

Rating: 4.7 / 5 (60 voted)

Reviews: 96% of readers found this page helpful

Author information

Name: Caleb Paul

Birthday: 2006-08-04

Address: 5198 Cruz Mountain Apt. 998, Williamstad, RI 89560

Phone: +3684484444270730

Job: Article Writer

Hobby: Sculpting, Horseback Riding, Running, Web Development, Snowboarding, Mountain Climbing, Gardening

Introduction: My name is Caleb Paul, I am a forthright, resolute, vivid, variegated, capable, proficient, clever person who loves writing and wants to share my knowledge and understanding with you.