Cryptocurrency Arweave Up More Than 11% In 24 hours
Portfolio Pulse from Benzinga Insights
Arweave (CRYPTO: AR) has seen a price increase of 11.94% in the past 24 hours, reaching $43.33. Over the past week, the price has risen by over 2.0%. Despite the price increase, trading volume has fallen by 16.0% over the past week. The circulating supply has increased slightly to 65.45 million, making up 99.17% of its max supply. The current market cap ranking for AR is #47 at $2.84 billion.
May 30, 2024 | 3:01 pm
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Arweave (AR) has experienced a significant price increase of 11.94% in the past 24 hours, reaching $43.33. Despite this, the trading volume has decreased by 16.0% over the past week. The circulating supply has slightly increased to 65.45 million, making up 99.17% of its max supply. The current market cap ranking for AR is #47 at $2.84 billion.
The significant price increase of 11.94% in the past 24 hours is a positive indicator for short-term price movement. However, the decrease in trading volume by 16.0% over the past week could indicate potential volatility. The slight increase in circulating supply and the high market cap ranking further support a positive short-term outlook.
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