Cryptocurrency Plummets Over 4% in a Day

19 views 12:02 pm 0 Comments May 20, 2024

Benzinga – by Benzinga Insights, Benzinga Staff Writer.

In the last 24 hours, the price of Mantle’s (CRYPTO: MNT) has declined by 4.37% to reach $1.1, extending its downward trajectory observed over the previous week with a significant 24.0% decrease from $1.44 to its current value.

The following chart illustrates the price fluctuations and volatility of Mantle within the past 24 hours (on the left) compared to the movement over the last week (on the right). The Bollinger Bands depicted in gray represent the volatility levels during both the daily and weekly periods. A wider band or a larger gray area indicates higher volatility in the market.

While the trading volume of the coin has dropped by 6.0% in the past week, the circulating supply has increased by 0.52%. The current circulating supply stands at 3.26 billion tokens, accounting for approximately 52.49% of the total max supply of 6.22 billion tokens. As per available data, MNT holds the #30 position in terms of market capitalization, valued at $3.61 billion.

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Original article source: Benzinga