Cryptocurrency Internet Computer Up More Than 15% In 24 hours
Portfolio Pulse from Benzinga Insights
Internet Computer's (CRYPTO: ICP) price has surged 15.51% in the last 24 hours, reaching $20.16, and marking a 70% increase over the past week from $11.32. The coin's all-time high is $700.65. Trading volume has risen by 170% over the past week, despite a 0.13% decrease in circulating supply. ICP's market cap ranks it 21st at $9.18 billion.
March 26, 2024 | 3:00 pm
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Internet Computer (ICP) has seen a significant price increase of 15.51% in the last 24 hours, reaching $20.16, with a 70% increase over the past week. The trading volume for ICP has also surged by 170% during the same period.
The significant price increase of ICP over the past 24 hours and week, coupled with a substantial rise in trading volume, indicates strong market interest and positive momentum for the cryptocurrency. The slight decrease in circulating supply could also be contributing to the price increase by creating a scarcity effect. Given these factors, the short-term outlook for ICP is positive.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100