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MU DANK (DANK) Falls 0%, Outperforms the Crypto Market Tuesday

Tuesday, January 04, 2022 06:57 AM | InvestorsObserver Analysts
MU DANK (DANK) Falls 0%, Outperforms the Crypto Market Tuesday

MU DANK (DANK) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Tuesday, the Art, Collectibles and Non-Fungible Tokens has lost 0.12% to $0.001770571593.

volatility - 77
InvestorsObserver is giving MU DANK a 77 Volatility Rank. Find out what this means to you and get the rest of the rankings on MU DANK!

Highly Volatile

InvestorsObserver gives MU DANK a high volatility rank of 77, placing it in the top 23% of cryptos on the market.

The Volatility Gauge analyzes this makes its score defined by recent trends, rather than a bad day. DANK'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.

MU DANK price is in a favorable position going forward. With support near $0.00175433855304537 and resistance near $0.00177775526220022. This leaves MU DANK with room to run before facing selling pressures.

What is a Token?

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

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