A 143% price appreciation seen on the Froggies Token market between March 7 and March 13.
The price of Froggies Token was rising last from March 7 until March 13, giving enough reason to conclude that the market is bullish. The situation on the FROGGIES market shows that the underlying asset is currently experiencing a period of high volatility. There has been a rise in the market capitalization of the asset during the period under review. The crypto coin's market experienced a growing trading volume during the observed time period, which fell in line with the price action.
During the reported period, Froggies Token has been swinging for the fences, which resulted in an average volatility of 30.23% for the given period. March 7 was the day when the asset was the most volatile, with the volatility going as high as 30.23%. The coin's market was the least volatile on March 13 when this particular metric didn’t exceed 5.88%. The high volatility of 30.23% points to the possibility of unpredictable and violent price action.
During the opening day on March 7, FROGGIES has had a 12% move to the downside. On March 8, the price of the coin has shifted by 17% from the daily open on the back of a good trading volume. The price range of Froggies Token formed between $0.00000000003 and $0.00000000004 on March 9 as the price traveled 21% up. Over the next trading period (on March 10), FROGGIES was moving down by 6% on the back of a congruous trading volume. Froggies Token finalized the trading day of March 11 at $0.00000000004 after opening it at $0.00000000003, though the price broke through that corridor to hit the 24H high at $0.00000000004 and the 24H low at $0.00000000003. The price action on March 12 saw the crypto coin moving along the following route: starting point at $0.00000000004 and closing point at $0.00000000004, while it also deviated to establish the high of the day at $0.00000000004 and the low of the day at $0.00000000004. March 13 presented us with the following price action data: the coin opened the period at $0.00000000004 and went on to establish the low at $0.00000000004 and the high of the day at $0.00000000006 before closing the day at $0.00000000006. During the reviewed time period, the asset was able to achieve the weekly high at $0.00000000006, though at a certain point, the bear pressurized the price down to the weekly low at $0.00000000002. Traders saw Froggies Token covering the $0.00000000003 distance between the weekly low and the weekly high, which constituted for a 143% move.
Over the period of the last 7 days, March 7 to March 13, Froggies Token saw its average trading volume fluctuate between $18 736 and $68 555. Over the week that came before the analyzed time span, the average trading volume of FROGGIES ranged between $6 759 and $69 929. The average trading volume of the asset fluctuated by 39% by comparison with the previous period, whereas the price change of 143% took place over the same period of time.
The total capitalization of Bitcoin at the start of the analyzed time period (March 7) amounted to $1 470 213; by the end of that period (March 13), the capitalization went to $3 291 599. FROGGIES experienced a 124% change in total market capitalization throughout the past seven days. When compared to the price fluctuations during the observed period of time, the 124% market capitalization movement was accompanied by a 143% change in the price of the coin. A more precise analysis of the Froggies Token market also requires a comparison with the change in market capitalization from the week before, which amounted to 65% on the back of the move from $888 782 to $1 466 924.