Cryptocurrency Cosmos Hub Down More Than 4% Within 24 hours
Portfolio Pulse from Benzinga Insights
Cosmos Hub (CRYPTO: ATOM) has seen a price decrease of 4.26% in the last 24 hours, now at $12.17, despite a weekly uptrend of 6.0%. Trading volume surged by 202.0%, and the circulating supply increased by 0.53% to 389.20 million, ranking ATOM #27 with a market cap of $4.75 billion.
March 06, 2024 | 3:02 pm
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Cosmos Hub's ATOM has decreased by 4.26% in the last 24 hours to $12.17, despite a 6.0% increase over the week. The trading volume and circulating supply have also seen significant changes.
The short-term price decrease of 4.26% in Cosmos Hub's ATOM, despite its overall weekly gain, indicates a potential short-term negative impact on its price. The significant increase in trading volume and circulating supply suggests heightened activity that could either stabilize or further affect the price negatively in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100