Yocoin (YOC) Down 0.34% Saturday: What's Next?

Saturday, October 29, 2022 05:05 PM | InvestorsObserver Analysts

Yocoin (YOC) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Saturday, the crypto has lost 34.16% to $0.0001335549933.

InvestorsObserver is giving Yocoin a 95 Volatility Rank. Find out what this means to you and get the rest of the rankings on Yocoin!

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Highly Volatile

InvestorsObserver gives Yocoin a high volatility rank of 95, placing it in the top 5% of cryptos on the market.

The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day. YOC's high volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the coin has relatively wide price swings and is well protected from price manipulation.

What is a Coin?

A coin is a cryptocurrency that exists on its own blockchain. these are typically used for payments. Depending on the cryptocurrency, what those payments are used for may vary from general use in the Digital Money sub-class to more specific uses in some other sub-classes.