Zero Utility Token (ZUT) has been relatively less volatile compared to the crypto market. So far Tuesday, the Art, Collectibles and Non-Fungible Tokens has lost 0.64% to $256.07.
Low Volatility
InvestorsObserver gives Zero Utility Token a low volatility rank of 15, placing it in the bottom 15% of cryptos on the market.
The Volatility Gauge analyzes meaning that one day won’t make or break its rank.
ZUT’s low volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the token has relatively narrow price swings and is well protected from price manipulation.
Zero Utility Token price is in a favorable position going forward. With support around $248.35 and resistance around $266.51. This positions Zero Utility 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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