Cryptocurrency Cosmos Hub Up More Than 5% In 24 hours
Portfolio Pulse from Benzinga Insights
Cosmos Hub (CRYPTO: ATOM) has seen a significant price increase of 5.08% in the last 24 hours, reaching $11.73, with a weekly gain of over 17% from $9.92. The cryptocurrency's trading volume surged by 54% over the week, while its circulating supply rose by 0.46% to 388.48 million. Currently, ATOM's market cap ranks it 24th at $4.53 billion.
February 29, 2024 | 7:01 pm
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Cosmos Hub (ATOM) has experienced a 5.08% price increase in the last 24 hours, reaching $11.73, with a 17% increase over the week. The trading volume and circulating supply have also seen significant changes.
The significant price increase of over 5% in 24 hours and 17% over the week, coupled with a 54% surge in trading volume, indicates strong market interest and positive momentum for ATOM. The increase in circulating supply suggests more liquidity, potentially attracting more investors. These factors contribute to a positive short-term outlook for ATOMUSD.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100