Cryptocurrency Aave Decreases More Than 4% Within 24 hours
Portfolio Pulse from Benzinga Insights
Cryptocurrency Aave's price has decreased by 4.72% over the past 24 hours to $79.52, contrary to its performance over the past week where it experienced an up-trend of 24.0%. Aave's trading volume has climbed 113.0% over the past week, and the circulating supply of the coin has increased 0.17% to 14.59 million, which makes up an estimated 91.19% of its max supply of 16.00 million. The current market cap ranking for AAVE is #44 at $1.16 billion.
October 26, 2023 | 7:00 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Aave's price has decreased by 4.72% in the past 24 hours, despite a weekly uptrend of 24%. The trading volume has increased by 113% over the past week, and the circulating supply has increased by 0.17% to 14.59 million.
The decrease in Aave's price over the past 24 hours, despite a weekly uptrend, could lead to a short-term negative impact on its price. The increase in trading volume and circulating supply could indicate a higher market activity, but it doesn't seem to have prevented the price drop.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100