Cryptocurrency MultiversX Down More Than 6% Within 24 hours
Portfolio Pulse from Benzinga Insights
Cryptocurrency MultiversX (CRYPTO: EGLD) has seen a price drop of 6.19% in the last 24 hours, continuing its negative trend over the past week with a 7.0% loss. Trading volume has increased by 38.0% over the past week, and the circulating supply of the coin has increased by 0.37% to 25.73 million, which is 81.9% of its max supply. The current market cap ranking for EGLD is #49 at $875.54 million.
July 20, 2023 | 7:00 pm
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MultiversX (EGLD) has seen a significant drop in price over the past week, with a 7.0% loss. The increase in trading volume and circulating supply could indicate a bearish trend.
The price of MultiversX (EGLD) has been on a downward trend over the past week, with a significant drop of 7.0%. This, coupled with an increase in trading volume and circulating supply, could indicate a bearish trend for the cryptocurrency. The increase in trading volume suggests that more investors are selling off their holdings, while the increase in circulating supply could lead to a decrease in price due to supply-demand dynamics.
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