Cryptocurrency Aave Decreases More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Aave's price has decreased by 3.17% in the last 24 hours to $151.92, despite a 10% gain over the past week. Trading volume has dropped by 49% and its circulating supply is at 93.47% of the max supply. Aave's market cap is $2.28 billion, ranking it #45.
October 17, 2024 | 7:02 pm
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NEGATIVE IMPACT
Aave's price has decreased by 3.17% in the last 24 hours, contrasting with a 10% gain over the past week. The trading volume has significantly decreased by 49%, indicating reduced market activity.
The 3.17% price drop in 24 hours, along with a significant 49% decrease in trading volume, suggests a short-term negative sentiment in the market for Aave. This could lead to further price declines if the trend continues.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100