Cryptocurrency Cosmos Hub Down More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Cosmos Hub's (CRYPTO: ATOM) price has decreased 3.62% over the past 24 hours to $10.53, continuing its downward trend over the past week. Trading volume has tumbled 49.0% while the circulating supply has risen 0.4% to 292.59 million. ATOM's current market cap ranking is #23 at $3.08 billion.
May 18, 2023 | 7:00 pm
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Cosmos Hub (ATOM) price has decreased 3.62% in the past 24 hours and has been on a downward trend over the past week. Trading volume has dropped 49.0% while circulating supply has increased 0.4%.
The decrease in price and trading volume, along with the increase in circulating supply, indicates a bearish sentiment for ATOM in the short term. The downward trend over the past week and the significant drop in trading volume suggest that investors are losing interest in the cryptocurrency, which could lead to further price declines.
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