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KatKoyn (KAT): Does the Reward Outweigh the Risks?

Saturday, June 03, 2023 09:24 AM | InvestorsObserver Analysts
KatKoyn (KAT): Does the Reward Outweigh the Risks?

InvestorsObserver analysis gives KatKoyn a high risk assessment. The proprietary scoring system calculates how much money was required to move the price over the past 24 hours with changes in volume and market capitalization to discover if a crypto can potentially be easily manipulated by limited trading activity. Low values representing high risk while high scores equate to low risk based on a 0 to 100 range.

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

Trading Analysis

The risk gauge rank for KAT 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.
KAT has traded 0.01 lower over the past 24 hours to its current price of $0.003841741. 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 coins such as KatKoyn extra intriguing.

Summary

Recent price movement of KAT 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 KatKoyn (KAT).

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