Is SafeMoon (SAFEMOON) a bad Friday investment?

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Is SafeMoon (SAFEMOON) a bad Friday investment?

InvestorsObserver analysis gives SafeMoon a high risk Evaluation. The proprietary scoring system calculates how much money was needed to move the price over the past 24 hours with changes in volume and market capitalization to find out if a crypto can potentially be easily manipulated by limited trading activity. Low values ​​represent high risk while high scores represent low risk based on a range of 0 to 100.

Risk/Reward Score - High
InvestorsObserver gives SafeMoon a high risk/reward score. Find out what this means for you and get the rest of the ranking on SafeMoon!

Business analysis

SAFEMOON’s current risk score means it is a relatively high risk investment. Investors primarily concerned with risk assessment will find this score very useful in avoiding (or potentially seeking out) risky investments. The price of SafeMoon has fallen by 976.85% in the last 24 hours, leading to its current value of $0.000000062. The price change is accompanied by a volume below its average level while the market capitalization of the token has increased during the same period. The crypto’s market capitalization is now $34,848,583.61, while $26,662.37 of the currency has been traded in the last 24 hours. Price volatility in relation to volume changes and market capitalization changes gives SafeMoon a high risk analysis.

Summary

SAFEMOON’s price movement over the past trading day leads to a high-risk ranking, as its recent price movement against trading volume gives traders reason to be concerned about the token’s maneuverability from From now.

Click here for the full report on SafeMoon (SAFEMOON).

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