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Peercoin (PPC) Do the Risks Outweigh the Rewards Monday?

Monday, June 06, 2022 02:02 PM | InvestorsObserver Analysts
Peercoin (PPC) Do the Risks Outweigh the Rewards Monday?

Peercoin 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.

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

Trading Analysis

PPC's risk gauge score translates to a high risk investment at the moment. Portfolio managers who heavily weigh risk assessment will find this gauge more relevant when attempting to avoid (or discover) more risky investments.
PPC has traded 18.71% lower over the past 24 hours to its current price of $0.41. 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 $11,362,508.95 while $9,388.46 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 Peercoin a high risk rating.

Summary

Recent price movement of PPC 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 Peercoin (PPC).

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