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Blockchain Cuties Universe Governance (BCUG) has been relatively more volatile than the crypto market according to a recent analysis of the market. So far Wednesday, the Art, Collectibles and Non-Fungible Tokens has fallen 50.03% to $0.0449945815.

Highly Volatile

InvestorsObserver gives Blockchain Cuties Universe Governance a high volatility rank of 90, placing it in the top 10% of cryptos on the market.The Volatility Gauge follows this means that the rank represents its recent trends and isn’t overly influenced by a sudden spike – or two – in volatility.

BCUG’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.

Blockchain Cuties Universe Governance price is favorably positioned going forward. With support near $0.0190843639380067 and resistance at $0.0654698049134343. This leaves Blockchain Cuties Universe Governance 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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