Cryptocurrency VeChain Decreases More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
VeChain (VET) has experienced a 3.43% price drop in the past 24 hours, contrasting with its 12% gain over the past week. Trading volume has decreased by 28% over the week, and its circulating supply is at 93.39% of its max supply. VeChain's market cap is $2.46 billion, ranking it #45.
July 18, 2024 | 7:03 pm
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NEGATIVE IMPACT
VeChain (VET) has seen a 3.43% price drop in the last 24 hours, despite a 12% gain over the past week. Trading volume has decreased by 28%, and its circulating supply is at 93.39% of its max supply. The market cap is $2.46 billion, ranking it #45.
The recent 3.43% price drop in VeChain (VET) within 24 hours, coupled with a significant 28% decrease in trading volume over the past week, suggests a short-term negative impact on the asset. Despite the positive trend over the past week, the immediate decline in price and trading volume indicates potential investor caution.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100