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Is USDC (USDC) a Bad Investment Tuesday?

Tuesday, February 27, 2024 09:54 AM | InvestorsObserver Analysts
Is USDC (USDC) a Bad Investment Tuesday?

USDC receives a low 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 - Low
InvestorsObserver is giving USDC a low Risk/Reward Score. Find out what this means to you and get the rest of the rankings on USDC!

Trading Analysis

The risk gauge rank for USDC shows the token is currently a low risk investment. Traders focused on risk assessment will find the gauge most useful for avoiding (or adding) risky investments.
USDC is 0.00% lower as of the last 24 hours of trading, resulting in its current price of $1.00. The price movement has coincided with volume being below its average level and the token's market capitalization fallen. The market capitalization for the token now sits at $28,494,511,339.54 while $9,149,331,598.63 worth of the crypto has been exchanged over the past 24 hours. The price movement relative to the changes in volume and market cap recently, gives USDC a low risk assessment.


Recent price movement of USDC gives the cryptocurrency a low risk score due to past 24 hours of price volatility in relation to volume changes, giving traders reason to be confident on the token's manipulability at the moment. Click Here to get the full Report on USDC (USDC).

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