Cryptocurrency Cronos's Price Increased More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Cronos (CRYPTO: CRO) has seen a price increase of 3.79% in the last 24 hours, reaching $0.15, with a 10% increase over the past week from $0.14. The coin's all-time high is $0.97. Trading volume has decreased by 17% over the past week, while the circulating supply has slightly decreased by 0.36% to 26.62 billion. Cronos's market cap is currently ranked #34 at $4.09 billion.

March 28, 2024 | 3:02 pm
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Cronos (CRO) has experienced a 3.79% price increase in the last 24 hours, reaching $0.15, and a 10% increase over the past week. The trading volume has decreased by 17%, and the circulating supply has slightly decreased by 0.36%.
The price increase of Cronos (CRO) over the past 24 hours and week indicates a positive short-term momentum for the cryptocurrency. Despite a decrease in trading volume, which could suggest less trading activity, the price has continued to rise, which is a bullish signal. 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 impact on CRO's price is likely positive.
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