Infinitecoin (IFC) has been relatively more volatile compared to the crypto market. So far Tuesday, the crypto has dropped 0.17% to $0.00002510601761.
Highly Volatile
InvestorsObserver gives Infinitecoin a high volatility rank of 89, placing it in the top 11% of cryptos on the market.
The Volatility Gauge follows meaning that one day won’t make or break its rank.
IFC’s high volatility reading comes 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.
Stay In The Know
Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.