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QUINADS (QUIN) Do the Risks Outweigh the Rewards Wednesday?

Wednesday, December 01, 2021 06:31 AM | InvestorsObserver Analysts
QUINADS (QUIN) Do the Risks Outweigh the Rewards Wednesday?

An InvestorsObserver analysis gives QUINADS a low risk/reward gauge rank. 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 ranks representing high risk while high values equate to low risk based on a 0 to 100 range.

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

Trading Analysis

The risk/reward score for QUIN 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. QUIN has traded 4.29 lower over the past 24 hours to its current price of $0.00. 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 QUINADS extra intriguing.

Summary

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

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