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Benzinga Insights

Cryptocurrency VeChain Decreases More Than 21% Within 24 hours

VeChain's (CRYPTO: VET) price has decreased 21.59% over the past 24 hours to $0.03, continuing its downward trend over the past week of -34.0%, moving from $0.05 to its current price.

The chart below compares the price movement and volatility for VeChain 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.

VeChain's trading volume has climbed 78.0% over the past week along with the circulating supply of the coin, which has increased 2.72%. This brings the circulating supply to 66.76 billion, which makes up an estimated 76.99% of its max supply of 86.71 billion. According to our data, the current market cap ranking for VET is #35 at $2.21 billion.

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

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