InvestorsObserver gives Growth DeFi a weak short-term technical score of 1 from its analysis. The proprietary scoring system considers the token’s trading history over the past month to determine the strength of its short-term technicals. GRO has currently traded better than 1% of tokens based on these metrics. Investors focused on healthy recent trading patterns should find the short-term technical ranking system more relevant when making investment decisions.
Growth DeFi is $0.012042 (51.88%) higher than its 30-day low price of $0.023211494 while also -$4.413373 (-99.21%) lower than its high of $4.44862652 from the past month of trading. Meanwhile, GRO’s current price of $0.035253082 is under its average price of $1.624540290 set over the past month of trading, leading to a weak short-term technical score. In summation, the recent trading history of Growth DeFi suggest that traders are currently bearish on the token.
GRO has a low market cap compared to the majority of tokens with a total market value of $15,277.88. Growth DeFi’s relatively low market value comes as it sits under $100 million while the top 100 cryptos remain above $1 billion in market cap and the top 500 sit above $100 million. Growth DeFi’s average volume is low as $2,058.56 worth of the token is typically traded over a 24 hour period. GRO’s volume is relatively low as the most traded 100 cryptos typically have $100 million exchanged each day and smaller cryptos tend to sit under $5 million traded over 24 hours. Over the past 24 hours GRO’s volume is below its average with $56.98 exchanged.
Growth DeFi’s subclass Governance: Governance tokens control changes to a crytpo ecosystem. Holders of governance tokens get a say in changes to the protocols that govern a particular blockchain or DeFi system.
Growth DeFi’s trading over the past 30 days leads to its a weak short-term technical score due to recent price movement suggesting more bearish signals for traders on the token in the near future.