Tuesday, June 14, 2022 05:14 PM | InvestorsObserver Analysts
SafeCoin receives a high 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 coin 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.
InvestorsObserver is giving SafeCoin a high Risk/Reward Score. Find out what this means to you and get the rest of the rankings on SafeCoin!
The risk gauge rank for SAFE shows the coin is currently a high risk investment. Traders focused on risk assessment will find the gauge most useful for avoiding (or adding) risky investments. SAFE has traded 46.78% lower over the past 24 hours to its current price of $0.11. 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 $2,949,197.87 while $1,734.54 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 SafeCoin a high risk rating.
Recent price movement of SAFE gives the cryptocurrency a high risk score due to past 24 hours of price volatility in relation to volume changes, giving traders reason to be concerned on the coin’s manipulability at the moment. Click Here to get the full Report on SafeCoin (SAFE).
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