Tourist Token (TOTO) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Wednesday, the crypto has gained 2632.74% to $0.0001329527681.
Highly Volatile
InvestorsObserver gives Tourist Token a high volatility rank of 92, placing it in the top 8% of cryptos on the market.
The Volatility Gauge follows meaning that one day won’t make or break its rank.
TOTO’s high volatility reading pairs 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.
Tourist Token price is trading above resistance. With support around $-0.0000386530601217851 and resistance set at $0.0000918732079726146. This leaves Tourist Token out of range and potentially in a volatile position if the rally burns out.
What is a Token?
Tokens are digital assets that exist on another cryptocurrency’s blockchain.