Avalanche Decreases More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Avalanche (AVAX) has seen a 3.98% price decrease in the last 24 hours, despite an 18% increase over the past week. Trading volume increased by 29% alongside a slight rise in circulating supply. AVAX ranks #14 in market cap at $10.31 billion.
August 27, 2024 | 3:02 pm
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NEGATIVE IMPACT
Avalanche (AVAX) experienced a 3.98% price drop in the last 24 hours, contrasting with its 18% weekly gain. The trading volume increased by 29%, and the circulating supply rose slightly. AVAX is ranked #14 in market cap at $10.31 billion.
The recent 3.98% price drop in AVAX within 24 hours is significant, especially after an 18% weekly gain. The increase in trading volume suggests heightened market activity, but the short-term price direction is likely negative due to the recent drop.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100