Degenerator Meme (MEME) has been relatively more volatile when compared to other cryptocurrencies. So far Saturday, the Art, Collectibles and Non-Fungible Tokens has gained 19.01% to $53.6.
Highly VolatileInvestorsObserver gives Degenerator Meme a high volatility rank of 80, placing it in the top 20% of cryptos on the market.
The Volatility Gauge takes into account which means that one day won't define its volatility rank - a trend will. MEME's high volatility reading is coupled 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.
Degenerator Meme price is trading near resistance. With support set at $40.39 and resistance set at $54.3. This positions Degenerator Meme with potential selling pressures ahead as it may be getting over extended.