Cryptocurrency Cosmos Hub Decreases More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Cosmos Hub's cryptocurrency, ATOM, has seen a price decrease of 3.47% in the last 24 hours, now at $11.11, despite a 6.0% increase over the past week. The trading volume rose by 19.0%, and the circulating supply slightly increased by 0.08%, reaching 292.59 million. ATOM's market cap is currently ranked #25, valued at $3.25 billion.
December 15, 2023 | 3:03 pm
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NEUTRAL IMPACT
Cosmos Hub's ATOM has decreased by 3.47% in 24 hours but has shown a 6% increase over the past week. The trading volume and circulating supply are up, indicating mixed market signals.
The short-term impact on ATOM-USD is neutral due to the recent price decrease being contrasted by a weekly uptrend and increased trading volume, which could attract more attention to the asset. The slight increase in circulating supply is not significant enough to heavily influence the price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100