EOS (EOS) Rises 0.26%, Underperforms the Crypto Market Thursday

Thursday, July 27, 2023 01:19 PM | InvestorsObserver Analysts

EOS (EOS) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Thursday, the Digital Money has added 0.26% to $0.7402315413.

InvestorsObserver is giving EOS a 40 Volatility Rank. Find out what this means to you and get the rest of the rankings on EOS!

Moderately Volatile

InvestorsObserver gives EOS a moderate volatility rank of 40, placing it in the bottom 40% of cryptos on the market.

The Volatility Gauge analyzes this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. EOS's moderate volatility reading pairs with a low reading on the Risk/Reward Gauge, meaning that the coin has moderate 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.

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