Moneytoken (IMT) Rises 0.24%, Underperforms the Crypto Market Friday

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Friday, July 21, 2023 12:53 PM | InvestorsObserver Analysts

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
InvestorsObserver is giving Moneytoken a volatility range of 84. Find out what this means for you and get the rest of the rankings on Moneytoken!

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.

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