Cryptocurrency Cronos's Price Increased More Than 7% Within 24 hours
Portfolio Pulse from Benzinga Insights
Cronos (CRYPTO: CRO) has seen a significant price increase of 7.27% in the last 24 hours, reaching $0.12. This is part of a larger trend, with a 27.0% gain over the past week from $0.09. The coin's all-time high is $0.97. Trading volume has surged by 177.0%, and the circulating supply has grown by 1.31% to over 26.56 billion, placing its market cap at #40 with $3.15 billion.

March 01, 2024 | 3:02 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Cronos (CRO) has experienced a 7.27% price increase in the last 24 hours, reaching $0.12, with a 27% gain over the past week. The trading volume has significantly increased by 177%, and the circulating supply has grown by 1.31% to over 26.56 billion.
The significant price increase of 7.27% in the last 24 hours, coupled with a 27% gain over the past week, indicates strong market momentum for Cronos. The substantial increase in trading volume by 177% suggests increased investor interest and liquidity, potentially leading to further price appreciation in the short term. The growth in circulating supply is relatively modest and is unlikely to dampen the positive price momentum.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100