Avalanche Down More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Avalanche's (CRYPTO: AVAX) price has fallen 3.91% to $12.81 in the past 24 hours, contrasting its positive trend over the past week where it gained 2.0%. The trading volume for the coin has fallen 35.0% over the past week, while the circulating supply increased 0.46% to 345.22 million, making up 47.95% of its max supply. The current market cap ranking for AVAX is #17 at $4.44 billion.
June 28, 2023 | 3:01 pm
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NEGATIVE IMPACT
Avalanche's (CRYPTO: AVAX) price has fallen 3.91% to $12.81 in the past 24 hours, despite a 2.0% gain over the past week. The trading volume for the coin has fallen 35.0% over the past week.
The price of Avalanche has fallen significantly in the past 24 hours, which could lead to a negative short-term impact on its price. The decrease in trading volume over the past week also suggests a decrease in interest or confidence in the coin, which could further negatively impact its price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100