Cryptocurrency Cosmos Hub's Price Increased More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Cosmos Hub's (CRYPTO: ATOM) price increased by 3.92% in the last 24 hours to $11.73, despite a 14.0% decrease over the past week from $13.67. The coin's all-time high is $44.45. Trading volume fell by 6.0% over the past week, while the circulating supply rose by 0.12% to 390.69 million. ATOM's market cap ranks #30 at $4.58 billion.
March 21, 2024 | 3:02 pm
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Cosmos Hub's (CRYPTO: ATOM) price increased by 3.92% in the last 24 hours to $11.73, despite a 14.0% decrease over the past week from $13.67.
The short-term price increase of 3.92% in Cosmos Hub's ATOM indicates a positive market reaction, potentially attracting more investors. However, the recent 14% weekly decrease and a drop in trading volume by 6% suggest caution. The increase in circulating supply could also impact price dynamics. Given these mixed signals, the short-term outlook is cautiously optimistic, but investors should watch for potential volatility.
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