Zenswap Network Token (ZNT) has been relatively more volatile when compared to other cryptocurrencies. So far Saturday, the Decentralized Exchange has lost 1.82% to $0.000001561116179.
Highly Volatile
InvestorsObserver gives Zenswap Network Token a high volatility rank of 99, placing it in the top 1% 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.
ZNT’s high volatility reading is paired 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.
Zenswap Network Token price is in a favorable position going forward. With support set at $-0.0000507239661481553 and resistance at $0.000106058101130827. This leaves Zenswap Network 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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