money token (WCC) has been relatively more volatile than the crypto market according to recent market analysis. So far on Friday, the crypto has risen 0.24% to $0.0001680910044.
![volatility - 84](https://i2.wp.com/s3.amazonaws.com/images.investorsobserver.com/ads/score-charts/bars/score-bar-chart-light-84.jpg?ssl=1)
highly volatile
InvestorsObserver gives Moneytoken a high volatility range of 84, putting it in the top 16% of cryptocurrencies on the market.
The volatility indicator is trailing, which means that a day will not define your volatility range, but rather a trend. IMT's high volatility reading comes with a low reading on the risk/reward indicator, which means that the token has relatively wide price fluctuations and is well protected against price manipulation.
What is a token?
Tokens are digital assets that exist on the blockchain of another cryptocurrency.