Refereum (RFR) Rates, Price & News as Crypto Coin Integrates with League of Legends | CoinMarketCap Data & Technical Analysis
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Refereum (RFR) is a cryptocurrency that runs on the Ethereum platform. In addition to Kenetic, George Burke is one of its investors. Refereum’s blockchain reward ecosystem is integrated with League of Legends (LoL), enabling Refereum users and LoL players to earn cryptocurrency for completing matches and winning battles. Let us look at how the RFR token fares as an investment.
A risk rating of average is assigned to Refereum by InvestorsObserver. Over the past 24 hours, the proprietary scoring system analyzes how much money was required to move the price. This metric evaluates how much a token can be manipulated by limited trading by looking at recent changes in volume and market cap. Scores range from 0 to 100, with low scores representing high risk and high values representing low risk.
Trading Analysis & Risk Prediction For Refereum (RFR) Coin
Based on RFR’s current risk score, it is a relatively moderate risk investment. Risk-averse investors will find this score most useful for avoiding (or potentially seeking out) risky investments. Over the past 24 hours, RFR has traded 9.50% lower to $0.006533787. As the token’s market capitalization has risen, the volume has fallen below its average level. Within the last 24 hours, $7,448,661.86 worth of the token has traded for a market capitalization of $32,663,577.68. A risk rating of average is given to Refereum based on its price change in relation to volume and market cap changes. The price movement of RFR over the past day of trading leads to an average risk ranking since its recent price movement relative to trading volume gives traders no reason to be overly concerned about its manipulability.
Chris Munch is a professional cryptocurrency and blockchain writer with a background in software businesses, and has been involved in marketing within the cryptocurrency space. With a passion for innovation, Chris brings a unique and insightful perspective to the world of crypto and blockchain. Chris has a deep understanding of the economic, psychological, marketing and financial forces that drive the crypto market, and has made a number of accurate calls of major shifts in market trends.
He is constantly researching and studying the latest trends and technologies, ensuring that he is always up-to-date on the latest developments in the industry. Chris’ writing is characterized by his ability to explain complex concepts in a clear and concise manner, making it accessible to a wide audience of readers.