Avalanche Down More Than 4% Within 24 hours
Portfolio Pulse from Benzinga Insights
Avalanche (AVAX) has seen a 4.11% price drop in the past 24 hours, continuing a week-long decline of 13%. Trading volume has decreased by 45% over the past week, while the circulating supply has slightly increased. AVAX's market cap is currently ranked #13 at $10.51 billion.
July 30, 2024 | 3:02 pm
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Avalanche (AVAX) has experienced a significant price drop of 4.11% in the past 24 hours, continuing a week-long decline of 13%. The trading volume has decreased by 45% over the past week, while the circulating supply has slightly increased. AVAX's market cap is currently ranked #13 at $10.51 billion.
The significant price drop and decrease in trading volume indicate a bearish trend for AVAX in the short term. The slight increase in circulating supply adds to the downward pressure on the price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100