Coin Artist (COIN): Does the Reward Outweigh the Risks?

Monday, April 11, 2022 07:14 AM | InvestorsObserver Analysts

Coin Artist achieves a high risk analysis based on InvestorsObserver research. The proprietary system gauges how much a token can be manipulated by analyzing much money it took to shift its price over the last 24 hour period along with 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.

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

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Trading Analysis

The risk gauge rank for COIN shows the token is currently a high risk investment. Traders focused on risk assessment will find the gauge most useful for avoiding (or adding) risky investments. COIN has traded -5.21 lower over the past 24 hours to its current price of $0.401297061. Currently, volume and market capitalization data is not being received through our data provider. The lack of available data is typically a sign of either a new coin or token brought to market or one with extremely low volume and value levels that it is not picked up by leading data providers. No recorded volume or market cap usually correlate with highly volatile coins that may not be the greatest investment choice for the majority of investors. However, those looking for newer cryptos may find tokens such as Coin Artist extra intriguing.

Summary

COIN's price movement over the past day of trading leads to a high risk ranking as its recent price movement relative to trading volume gives traders reason to be concerned on the token's manipulability as of now. Click Here to get the full Report on Coin Artist (COIN).