DeFi Degen Land (DDL) has been relatively more volatile compared to the crypto market. So far Tuesday, the crypto has dropped 45.37% to $0.00000008001890497.
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 takes into account this makes its score defined by recent trends, rather than a bad day.
DDL’s high volatility reading comes 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 in a good position going forward. With support at $0.0000000410675839664244 and resistance around $0.00000010797195401051. This positions 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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