Cryptocurrency Aave Decreases More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Aave's price has decreased by 3.1% in the last 24 hours, continuing a week-long decline of 6.0%. Trading volume has dropped by 42.0%, and the circulating supply has slightly decreased. Aave's market cap is ranked #46 at $2.28 billion.
October 21, 2024 | 7:02 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Aave's price has fallen by 3.1% in the last 24 hours, continuing a 6% decline over the past week. Trading volume has decreased by 42%, indicating reduced investor interest. The circulating supply has slightly decreased, with Aave's market cap ranking at #46.
The 3.1% price drop in 24 hours and a 6% decline over the week suggest a negative trend for Aave. The significant decrease in trading volume by 42% indicates waning investor interest, which could further pressure the price downward. The slight decrease in circulating supply is not enough to counteract the negative sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100