Substratum (SUB) Falls 0.22%, Underperforms the Crypto Market Friday

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Friday, June 16, 2023 1:51 PM | InvestorsObserver Analysts

substrate (SUB) has been relatively more volatile compared to the crypto market. So far on Friday, Distributed Computing is down 22.39% to $0.0003663703614.

volatility - 96
InvestorsObserver is giving Substratum a volatility range of 96. Find out what this means for you and get the rest of the rankings on Substratum!

highly volatile

InvestorsObserver gives Substratum a high volatility range of 96, putting it in the top 4% of cryptos on the market.

The volatility indicator follows this and has your score defined by recent trends, rather than one bad day. SUB's high volatility reading is combined 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.

The price of the substrate is favorably positioned in the future. With support near $0.000337290761440137 and resistance set at $0.000395474673627951. This leaves Substratum with room to run before facing selling pressure.

What is a token?

Tokens are digital assets that exist on the blockchain of another cryptocurrency.

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