Internet Computer Cryptocurrency Surges Over 6% in One Day

19 views 2:42 pm 0 Comments May 16, 2024

Internet Computer’s (CRYPTO: ICP) has seen a 6.31% price surge in the last 24 hours, reaching $12.51. This uptick contrasts with its recent performance, where it faced a 19.0% decline over the past week, dropping from \(15.44 to its current value. The coin’s all-time high remains at \)700.65.

Analyzing the price movements and volatility of Internet Computer, the chart illustrates the contrast between the daily (left) and weekly (right) trends. Bollinger Bands, depicted by the gray bands, indicate volatility levels, with wider bands or increased gray area signifying higher volatility.

Over the past week, the coin’s trading volume has increased by 8.0%, while the circulating supply has decreased by 0.1%, now standing at 462.73 million. Based on available data, ICP holds the #22 spot in market cap rankings, totaling $5.78 billion.

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