Cryptocurrency Cronos's Price Increased More Than 5% Within 24 hours
Portfolio Pulse from Benzinga Insights
Cryptocurrency Cronos (CRO) has seen a price increase of 5.23% in the last 24 hours, continuing its positive trend over the past week with an 11.0% gain. However, the trading volume for the coin has fallen 4.0% over the past week, along with a 0.41% decrease in circulating supply. The current market cap ranking for CRO is #34 at $1.69 billion.
November 02, 2023 | 7:00 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Cronos (CRO) has seen a price increase but a decrease in trading volume and circulating supply. This could indicate a potential supply-demand imbalance.
The price of Cronos (CRO) has increased, which is generally a positive sign. However, the decrease in trading volume and circulating supply could indicate a potential supply-demand imbalance. If the supply continues to decrease while demand remains high, this could further drive up the price. However, if demand decreases, the price could fall.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100