Avalanche's Price Increased More Than 5% Within 24 hours
Portfolio Pulse from Benzinga Insights
Avalanche's (CRYPTO: AVAX) price increased by 5.68% in the past 24 hours to $25.6, despite a 2.0% loss over the past week. The trading volume has decreased by 32.0%, and the circulating supply has fallen by 0.23%. The current market cap ranking for AVAX is #14 at $10.07 billion.
June 25, 2024 | 7:00 pm
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Avalanche (AVAX) saw a 5.68% price increase in the last 24 hours, reaching $25.6. This is a reversal from its 2.0% loss over the past week. Trading volume decreased by 32.0%, and circulating supply fell by 0.23%. The market cap is $10.07 billion, ranking it #14.
The 5.68% price increase in the last 24 hours is a positive short-term indicator for AVAX, despite the overall weekly loss. The decrease in trading volume and circulating supply may indicate reduced selling pressure, contributing to the price rise.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100