DeFi Degen Land (DDL) Rises 85.29%, Outperforms the Crypto Market Thursday

Thursday, March 23, 2023 08:11 AM | InvestorsObserver Analysts

DeFi Degen Land (DDL) has been relatively more volatile when compared to other cryptocurrencies. So far Thursday, the crypto has added 85.29% to $0.0000001670439627.

InvestorsObserver is giving DeFi Degen Land a 83 Volatility Rank. Find out what this means to you and get the rest of the rankings on DeFi Degen Land!

Highly Volatile

InvestorsObserver gives DeFi Degen Land a high volatility rank of 83, placing it in the top 17% 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 trading above resistance. With support set at $0.0000000620496718707024 and resistance at $0.000000146338592602681. This leaves DeFi Degen Land out of range and potentially in a volatile position if the rally burns out.

What is a Token?

Tokens are digital assets that exist on another cryptocurrency's blockchain.

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