Avalanche's Price Increased More Than 5% Within 24 hours
Portfolio Pulse from Benzinga Insights
Avalanche's (CRYPTO: AVAX) price has risen 5.65% in the past 24 hours to $40.65, continuing a weekly uptrend with a 41.0% gain from $28.2. The coin's all-time high is $144.96. Trading volume increased by 53.0% over the past week, while the circulating supply decreased by 0.55% to 366.14 million, approximately 50.85% of the max supply. AVAX's market cap is now $14.63 billion, ranking it 10th.
December 15, 2023 | 3:01 pm
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Avalanche (AVAX) has experienced a significant price increase and trading volume growth, indicating strong market momentum and investor interest.
The sharp increase in price and trading volume for Avalanche suggests a bullish short-term impact due to heightened investor interest and market momentum. The decrease in circulating supply could also imply a scarcity effect, potentially driving prices up further in the short term.
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IMPORTANCE 90
RELEVANCE 100