The price of Avalanche (CRYPTO: AVAX) has fallen by 4.22% in the last 24 hours to $26.62, thus continuing the downward trend that followed last week of -4.00%, going from $27.69 to its current price.
The chart below compares Avalanche’s price movement and volatility over the last 24 hours (left) with last week’s price movement (right). The gray bands are the Bollinger bands, which measure the volatility of daily and weekly price movements. The wider the bands or the larger the gray area at any given time, the greater the volatility.
The trading volume of the coin has fallen by 35.00% over the past week moving oppositely, directionally, to the total circulating supply of the coin, which has risen by 0.04%. This puts the circulating supply at 406.96 million, representing an estimated 56.52% of its peak supply of $720.00 million. According to our data, by market cap, AVAX is currently ranked #13 at 10.83 billion.
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Via CoinGecko API
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