Avalanche's Price Increased More Than 4% Within 24 hours
Portfolio Pulse from Benzinga Insights
Avalanche's (CRYPTO: AVAX) price has increased by 4.05% in the past 24 hours, continuing a positive trend over the past week. Despite the price rise, trading volume has decreased by 9.0%, while the circulating supply has increased by 2.37%. The current market cap ranking for AVAX is #13 at $15.06 billion.
May 27, 2024 | 7:02 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Avalanche (AVAX) has seen a 4.05% price increase in the past 24 hours, continuing a positive trend over the past week. Despite the price rise, trading volume has decreased by 9.0%, and the circulating supply has increased by 2.37%.
The 4.05% price increase in the past 24 hours and the continuation of a positive trend over the past week are likely to have a positive short-term impact on AVAX. However, the decrease in trading volume and increase in circulating supply may temper the enthusiasm slightly.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100