Cryptocurrency Aave Rises More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
In the past 24 hours, the price of cryptocurrency Aave (CRYPTO: AAVE) has risen by 3.36% to $74.3, despite a negative trend over the past week where it lost 11.0%. The trading volume for the coin has decreased by 50.0% over the past week, while the overall circulating supply has increased by 0.08% to over 14.49 million. The current market cap ranking for AAVE is #42 at $1.08 billion.
July 21, 2023 | 3:00 pm
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Aave's price has risen by 3.36% in the past 24 hours, despite a negative trend over the past week. The trading volume has decreased by 50.0% over the past week, while the circulating supply has increased by 0.08%.
The rise in Aave's price despite the negative trend over the past week and the decrease in trading volume indicates a potential increase in demand for the coin. The increase in circulating supply could also suggest a growing market for Aave. These factors could have a positive impact on Aave's price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100