Avalanche Down More Than 11% Within 24 hours
Portfolio Pulse from Benzinga Insights
Avalanche (AVAX) has seen a significant price drop of 11.82% in the past 24 hours, continuing a week-long decline of 19%. Trading volume has increased by 16% over the past week, while the circulating supply has grown by 1.23%. AVAX's market cap is currently ranked #13 at $10.22 billion.
June 18, 2024 | 7:02 pm
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NEGATIVE IMPACT
Avalanche (AVAX) has experienced a sharp decline of 11.82% in the past 24 hours, continuing a week-long drop of 19%. Increased trading volume and circulating supply indicate heightened market activity.
The significant price drop in AVAX, coupled with increased trading volume and circulating supply, suggests a bearish sentiment in the market. Investors may react negatively in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100