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Cryptocurrency Decentraland’s Price Increased More Than 18% Within 24 hours

ByBenzinga Insights

Jan 16, 2023
Cryptocurrency Decentraland's Price Increased More Than 18% Within 24 hours

Decentraland’s MANA/USD price has increased 18.91% over the past 24 hours to $0.70. Over the past week, MANA has experienced an uptick of over 76.0%, moving from $0.40 to its current price. As it stands right now, the coin’s all-time high is $5.85.

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

The trading volume for the coin has climbed 360.0% over the past week, moving opposite, directionally, with the overall circulating supply of the coin, which has decreased 0.31%. This brings the circulating supply to 1.82 billion, which makes up an estimated 83.0% of its max supply of 2.19 billion. According to our data, the current market cap ranking for MANA is #41 at $1.28 billion.

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This article was generated by Benzinga’s automated content engine and reviewed by an editor.

Image and article originally from www.benzinga.com. Read the original article here.