Cryptocurrency Monero Up More Than 5% In 24 hours
Portfolio Pulse from Benzinga Insights
Monero (XMR) has seen a price increase of 5.69% in the past 24 hours, continuing a positive trend with a 4.0% gain over the past week. Despite the price rise, trading volume has decreased by 28.0% over the past week, and the circulating supply has decreased by 0.82%. Monero's current market cap is $2.90 billion, ranking it #31.
August 08, 2024 | 7:00 pm
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Monero (XMR) has experienced a 5.69% price increase in the past 24 hours and a 4.0% gain over the past week. However, trading volume has decreased by 28.0% over the past week, and the circulating supply has decreased by 0.82%.
The price increase indicates positive sentiment and potential short-term gains for Monero. However, the decrease in trading volume and circulating supply may indicate caution among traders.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100