Populous (PPT) Falls 0.21%, Underperforms the Crypto Market Monday

Populous (PPT) Falls 0.21%, Underperforms the Crypto Market Monday

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Monday, August 28, 2023 12:50 PM | InvestorsObserver Analysts

Populous (PPT) Falls 0.21%, Underperforms the Crypto Market Monday

Populous (PPT) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Monday, the crypto has lost 21.16% to $0.02097776938.

volatility - 91
InvestorsObserver is giving Populous a 91 Volatility Rank. Find out what this means to you and get the rest of the rankings on Populous!

Highly Volatile

InvestorsObserver gives Populous a high volatility rank of 91, placing it in the top 9% 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.

PPT’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.

Populous price is well positioned going forward. With support at $0.0117880580802449 and resistance set at $0.0252960864310154. This leaves Populous 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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