Doing worse than the market
The total crypto market is −2.0% in 24 hours. AXGT is −11%, 9.5% worse than the market, so part of the move is specific to AxonDAO Governance Token.
Why is the crypto market moving? →
why / axgt
Why is AxonDAO Governance Token down today?
AxonDAO Governance Token (AXGT) is down 11% in the last 24 hours, trading at $0.00545. That is 9.5% worse than the whole crypto market (−2.0%), so part of the move is specific to AxonDAO Governance Token. It is now at its lowest price in 30 days.
AXGT 24h−11.46%
Whole market 24h−1.97%
Bitcoin 24h−2.11%
Link to BTC (30d)-0.04
Volume vs normal—
signals
What is moving AxonDAO Governance Token
Strongest signals first.
Lowest price in 30 days
AXGT at $0.00545 is below every daily close of the past month (previous low $0.00565). Breaking a recent low can trigger stop-loss selling.
Moving on its own, not with Bitcoin
Over the last 30 days, AXGT's daily moves had a -0.04 correlation with Bitcoin (1 means identical direction). That is low: AXGT has mostly moved on its own lately, while Bitcoin is −2.1% today.
Bitcoin price →Weak month
AXGT is −24% this week and −25% over 30 days, so today's move continues the monthly trend.
Market mood: Fear (30)
The Crypto Fear & Greed Index reads 30 out of 100, down from 51 yesterday. Sentiment is not extreme either way.
Fear & Greed Index →Liquidations, funding and open interest
See whether leveraged traders are being forced out of AXGT positions right now, on the chart, in the Blockdeck app.
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Keep exploring AxonDAO Governance Token
faq
Questions
Why is AxonDAO Governance Token down today?
AxonDAO Governance Token (AXGT) is down 11% in the last 24 hours, trading at $0.00545. That is 9.5% worse than the whole crypto market (−2.0%), so part of the move is specific to AxonDAO Governance Token. It is now at its lowest price in 30 days.
Will AxonDAO Governance Token go back up?
Nobody can know that in advance, and Blockdeck does not make price predictions. What the data shows: AXGT is −24.47% over 7 days and −25.23% over 30 days. Check the live chart and the signals above, and never trade more than you can afford to lose.
How is this explanation made?
From measured market data, refreshed every few minutes: the whole market's move, AXGT's link to Bitcoin over 30 days, its sector, trading volume against its 30-day average, recent news, where the price sits in its range, and market sentiment. Nothing here is guessed or written by hand.
Explanations are built from market data and are not financial advice.