Cannabis & Hemp Stocks Investment Tools – Schedule Demo Now!

Firework Token Debuts World’s First Report on Crypto Volatility

Proprietary research reveals orders of magnitude differentials in potential volatility among crypto currencies with the highest market caps

Firework Token today published the first-ever report to measure the potential for trading volatility of the top cryptocurrencies. The Crypto Volatility Report: September 2021 tracks the perceived relative volatility of cryptocurrencies with the highest market caps for September, 2021. Based on proprietary analytical methods, the research reveals that some currencies appear relatively stable, while others seem to be orders of magnitude more potentially volatile when trading liquidity and price swings over time are factored into the analysis.

Best Cannabis Stocks 2021

“It’s not exactly big news that crypto currencies tend to be volatile. What is far less obvious, even to experienced observers of the crypto market, is just how potentially volatile certain currencies can be,” said Paul Gallini, CEO of Firework Token. “In reality, the day-to-day price swings only tell a fraction of the story. This report is intended to reveal the potential for volatility for the currencies—a factor that any crypto investor needs to keep in mind if he or she wants to gain any investment advantage over time or put currencies to use for commercial purposes.” Gallini’s mission with Firework Token is to offer a stable cryptocurrency in the investing field.

The report shows that the currencies with the apparent potential for the lowest volatility,, Bitcoin and Ethereum, have logarithmic volatility scores of .98. 1.09 and 1.83, respectively. In contrast, at the bottom of the scale, TrueUSD, for example, has a volatility score of 8.25, showing a potential to be eight times more volatile than Bitcoin in trading.

Related: ShapeShift to Decentralize Entire Company

The research process for the report analyzed two sets of factors for each currency. First, it assessed price swings for the currency over three time intervals: 24 hours, one month and 52 weeks. These price swings comprise a currency’s superficial volatility. The second factor dealt with each currency’s structural potential for volatility, including trading volume and currency units in circulation.

Firework Token sponsored this research as a service to the industry. The goal is to empower crypto currency investors to make sensible choices that align with their financial strategies. Firework Token expects to publish subsequent editions of the report on a regular basis.

To download the report, visit

To learn more about Firework Token, visit

SOURCE Firework Token

Firework Token Debuts World’s First Report on Crypto Volatility

About Cannin: Your Cryptocurrency Resource

78% of Cannin’s fundamentals prove true within 30 days or less on 100+ recommendations over the past 2 years.

Cannin is your #1 trusted resource for crypto. Our global team of experts evaluates all emerging crypto investing opportunities. We aggregate hundreds of hours of financial research and provide tips on the best crypto investments for 2021. 

Predict price movements of stocks several hours in advance with our proprietary algorithmic trading software.

  • +30% Gains in 2020
  • +49.8% Gains in 2019
  • Backtested since 2012

We’re so confident you’ll love our algotrading cannabis stock signals, we’re willing to give you a one-month risk-free trial to see it for yourself.

Profit from the best cryptocurrencies – we’ll show you how at