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Bitspawn (SPWN) Rises 34.23%, Outperforms the Crypto Market Sunday

Sunday, December 03, 2023 09:57 AM | InvestorsObserver Analysts
Bitspawn (SPWN) Rises 34.23%, Outperforms the Crypto Market Sunday

Bitspawn (SPWN) has been relatively more volatile when compared to other cryptocurrencies. So far Sunday, the Gaming has gained 34.23% to $0.00004924485301.

volatility - 97
InvestorsObserver is giving Bitspawn a 97 Volatility Rank. Find out what this means to you and get the rest of the rankings on Bitspawn!

Highly Volatile

InvestorsObserver gives Bitspawn a high volatility rank of 97, placing it in the top 3% 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. SPWN'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.

Bitspawn price is trading above resistance. With support near $0.0000343819479705593 and resistance set at $0.0000412786171902729. This positions Bitspawn 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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