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ZUM TOKEN (ZUM) Falls 0.06%, Underperforms the Crypto Market Monday

Monday, January 24, 2022 10:43 AM | InvestorsObserver Analysts
ZUM TOKEN (ZUM) Falls 0.06%, Underperforms the Crypto Market Monday

ZUM TOKEN (ZUM) has been relatively more volatile when compared to other cryptocurrencies. So far Monday, the crypto has fallen 6.33% to $0.00001584750786.

volatility - 98
InvestorsObserver is giving ZUM TOKEN a 98 Volatility Rank. Find out what this means to you and get the rest of the rankings on ZUM TOKEN!

Highly Volatile

InvestorsObserver gives ZUM TOKEN a high volatility rank of 98, placing it in the top 2% of cryptos on the market.

The Volatility Gauge tracks meaning that one day won't make or break its rank. ZUM'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.

ZUM TOKEN price is in a favorable position going forward. With support near $0.0000149158694495043 and resistance set at $0.0000163472485820592. This positions ZUM TOKEN 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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