Cryptocurrency Avalanche Up More Than 6% In 24 hours
Portfolio Pulse from Benzinga Insights
Cryptocurrency Avalanche (AVAX) has seen a price increase of 6.54% over the past 24 hours, reaching $10.65. Over the past week, AVAX has risen by over 17.0%. The coin's trading volume has also climbed 64.0% over the past week, and the circulating supply has increased by 0.27%, bringing it to 354.40 million, which is 49.22% of its max supply of 720.00 million. The current market cap ranking for AVAX is #21 at $3.77 billion.
October 06, 2023 | 3:00 pm
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POSITIVE IMPACT
Avalanche (AVAX) has seen a significant increase in price, trading volume, and circulating supply over the past week. This positive momentum could potentially continue in the short term.
The increase in price, trading volume, and circulating supply for Avalanche (AVAX) indicates a strong demand for the coin. This, coupled with its rising market cap ranking, suggests a positive short-term outlook for AVAX.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100