Degenerator Meme receives a strong long-term technical score of 98 from InvestorsObserver‘s research based on historical trading patterns. The proprietary scoring system weighs price movement from recent months to a year, analyzes the token’s support and resistance levels, and where it is relative to long-term averages to determine whether it’s a strong buy-and-hold investment opportunity.
MEME currently holds a superior long-term technical analysis score than 98% of cryptos in circulation. This ranking metric is most useful to buy-and-hold type investors looking for strong steady growth when allocating their assets. tokens with a high long and short-term technical score can help indicate assets that have bottomed out, providing investors a chance to ‘buy the dip’.
The current trading price of $86.680000000 for MEME is $37.3700000 (75.79%) above the tokens 100-day moving average of $49.310000000. MEME meanwhile is $86.6800000 (13253991.90%) above its 52-week low of $0.000000000 and -$1,363.11000000 (5.29%) under its 52-week high price of $1,449.790000000. Degenerator Meme’s current price relative to the tokens long-term average and 52-week high and low, gives the crypto a strong long-term technical score of 98. The price movement and range of MEME suggest that investors are neutral on the token at this time.
Degenerator Meme has a market capitalization of $2,427,177.55 and a relatively low average daily volume with $121,013.49 worth of the currency traded over the typical 24 hour period. Over the last 24 hours, MEME’s volume is below its seven day average with 17,676.47 exchanged.
This token’s subclass Art, Collectibles and Non-Fungible Tokens: Non-fungible tokens (NFTs) are units of data stored on a digital ledger that use blockchain technology to authenticate and verify ownership. They often take the form of photos, videos, audio, and other representations of real-world items. This category also includes other tokens that are used in the buying, selling or collecting of art or certain other digital goods.
Technical analysis of Degenerator Meme over the past year results in the crypto receiving a a strong long-term technical score of 98 as its price movement in that time has given traders reason to be neutral on the token in the long-term.
Click Here to get the full Report on Degenerator Meme (MEME).
Stay In The Know
Subscribe to our daily morning update newsletter and never miss out on the need-to-know market news, movements, and more.