ZUM TOKEN (ZUM) has been relatively more volatile when compared to other cryptocurrencies. So far Thursday, the crypto has increased 1.31% to $0.000001961291803.
InvestorsObservergives ZUM TOKEN a high volatility rank of 99, placing it in the top 1% of cryptos on the market.
The Volatility Gauge follows which means that one day won’t define its volatility rank – a trend will.
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 favorably positioned going forward. With support set at $-0.0000033366535044265 and resistance set at $0.0000124765387445437. This leaves 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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