Should You Buy SmartCoin (SMC) (SMC) Wednesday?

Wednesday, December 15, 2021 11:02 AM | InvestorsObserver Analysts

SmartCoin (SMC) 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.

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

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Trading Analysis

The risk gauge rank for SMC 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. SmartCoin (SMC) is -55.28% lower as of the last 24 hours of trading, resulting in its current price of $0.006077453. The price movement has coincided with volume being below its average level and the coin's market capitalization fallen. The market capitalization for the coin now sits at $176,801.07 while $13.68 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 SMC a high risk assessment.

Summary

SMC'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 coin's manipulability as of now. Click Here to get the full Report on SmartCoin (SMC) (SMC).