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Home Crypto News Avalanche (AVAX) Price Down More Than 8% Within 24 Hours
Crypto News Investing

Avalanche (AVAX) Price Down More Than 8% Within 24 Hours

  • by Dhaval
  • 2024-06-08
  • 0 Comments
  • Less than a minute
  • 1442 Views
  • 2 years ago
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Avalanche (AVAX) Price Down More Than 8% Within 24 Hours

The price of Avalanche (AVAX) has decreased 8.97% over the past 24 hours to $33.22, continuing its downward trend over the past week of -8.0%, moving from $35.76 to its current price.

The chart below compares the price movement and volatility for Avalanche over the past 24 hours (left) to its price movement over the past week (right). 

Avalanche (AVAX) Price Down More Than 8% Within 24 Hours
Avalanche Price and Volatility Chart

 

The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

Avalanche’s trading volume has climbed 22.0% over the past week, moving in tandem, directionally, with the overall circulating supply of the coin, which has increased 8.31%. 

This brings the circulating supply to 393.25 million, which makes up an estimated 54.62% of its max supply of 720.00 million. 

Avalanche (AVAX) Price Down More Than 8% Within 24 Hours
AVAX Price Chart | Source: Coinstats

 

According to our data, the current market cap ranking for AVAX is #13 at $12.99 billion.

Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

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Dhaval

Dhaval

Author
Dhaval Aggarwal covers cryptocurrency markets and Web3 venture investing for BitcoinWorld. His reporting focuses on funding rounds, exchange listings, on-chain treasury activity, and the partnerships connecting crypto-native firms with traditional finance. Since joining the desk in 2023, he has tracked the deal flow behind major Layer-2 networks, Bitcoin treasury programs, and institutional adoption stories. He writes daily news pieces for active traders and longer analyses for readers following where the next cycle of crypto growth is heading.
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