DeFi Degen Land (DDL) has been relatively more volatile compared to the crypto market. So far Thursday, the crypto has dropped 37.23% to $0.000000153906248.
InvestorsObserver gives DeFi Degen Land a high volatility rank of 77, placing it in the top 23% of cryptos on the market.
The Volatility Gauge takes into account meaning that one day won’t make or break its rank.
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 favorably positioned going forward. With support set at $0.0000000929136129413598 and resistance near $0.000000188505613034707. 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.
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.