Avalanche Rises More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
Avalanche (CRYPTO: AVAX) has seen a 4.16% increase in price over the last 24 hours, reaching $36.01, and a 24.0% gain over the past week from $29.07. Despite the recent gains, it is still well below its all-time high of $144.96. The trading volume has decreased by 2.0% and the circulating supply dropped by 0.58% to 367.07 million, which is approximately 50.98% of the maximum supply. AVAX's market cap is currently ranked #10 at $13.19 billion.
January 30, 2024 | 3:03 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Avalanche (AVAX) has experienced a significant price increase of 4.16% in the past 24 hours and a 24% increase over the past week, with a current price of $36.01.
The recent price increase of AVAX indicates strong market performance in the short term, which could attract more investors and potentially lead to further gains. However, the decrease in trading volume and circulating supply could suggest a consolidation phase or potential volatility ahead.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100