Is CoinFi (COFI) a bad investment on Saturday?

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Is CoinFi (COFI) a bad investment on Saturday?

CoinFi hits an average risk analysis based on InvestorsObserver to research. The proprietary system gauges how much a token can be manipulated by analyzing how much money it took to change its price in the last 24 hours, as well as analyzing recent changes in volume and market capitalization. The gauge is between 0 and 100, with lower scores corresponding to higher risk while higher values ​​represent lower risk.

Risk/reward score - medium
InvestorsObserver gives CoinFi an average risk/reward score. Find out what this means for you and get the rest of the leaderboard on CoinFi!

Business analysis

The Risk Gauge ranking for COFI shows that the token is currently a moderate risk investment. Risk-oriented traders will find the gauge most useful for avoiding (or adding to) risky investments. CoinFi is -36.44% lower in the last 24 hours of trading, giving its current price of $0.001296277. The price move coincided with volume below its average level and the token’s market capitalization plummeted. The market cap of the token now sits at $277,925.67, while $37,970.08 worth of crypto has been traded in the last 24 hours. Price movement relative to volume and market capitalization changes recently, gives COFI a medium risk rating.

Summary

The recent COFI price movement gives the cryptocurrency a medium risk score due to price volatility over the past 24 hours versus volume changes, giving traders reason not to worry too much. of the workability of the token at the moment.

Click here for the full CoinFi report (COFI).

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