DeFi Degen Land (DDL) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Thursday, the crypto has lost 29.97% to $0.0000004397297934.
Highly Volatile
InvestorsObserver gives DeFi Degen Land a high volatility rank of 89, placing it in the top 11% of cryptos on the market.
The Volatility Gauge tracks which means that one day won’t define its volatility rank – a trend will.
DDL’s high volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the token has relatively wide price swings and is well protected from price manipulation.
DeFi Degen Land price is well positioned going forward. With support at $0.000000276951968512922 and resistance at $0.00000055679163639562. This leaves DeFi Degen Land with room to run before facing selling pressures.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.
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