AXIS Token (AXIS) has been relatively average in terms of volatility when compared to other cryptocurrencies. So far Tuesday, the crypto has lost 38.8% to $0.01811227072.
InvestorsObserver is giving AXIS Token a 70 Volatility Rank. Find out what this means to you and get the rest of the rankings on AXIS Token!
Moderately Volatile
InvestorsObserver gives AXIS Token a moderate volatility rank of 70, placing it in the top 30% of cryptos on the market.
The Volatility Gauge tracks this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.
AXIS’s moderate volatility reading is coupled with a low reading on the Risk/Reward Gauge, meaning that the token has moderate price swings and is well protected from price manipulation.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.