Avalanche's AVAX/USD price has dropped by 4.08% in the last 24 hours. Now, it's at $26.68. This decline continues a downward trend we've seen over the past week, where the price fell from $27.69, a total drop of 3.0%.
The chart below shows how the price has moved and its volatility. On the left, you can see the last 24 hours, while the right side displays the past week. The gray bands are Bollinger Bands. They help measure volatility. Wider bands mean more volatility.
In addition to the price drop, trading volume for AVAX has decreased by 29.0% this week. The total circulating supply has also gone down slightly, by 0.05%. It now stands at over 406.96 million coins. This represents about 56.52% of the maximum supply, which is 720 million.
Currently, Avalanche holds the #13 spot in market cap rankings, valued at $10.85 billion.
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