+

Total Market Cap: $2.340T

24h Volume: $31.190B

BTC Dominance: 68.46%

Global Market Sentiment: 29

Average Market Correlation: 0.51

The Average Correlation of all crypto pairs. An Average Market Correlation close to 1 indicates that all crypto pairs are moving in the same direction. Such a situation can be observed during a significant market crash.
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Beta

Avalanche

AVAX
Rank #13
$18.24

+1.24%

Low:
$17.66
High:
$18.65
(24h)
Volume 24h
$216,259,330
-49.50%
Circulating Supply
415,742,754 AVAX
Total Supply
ISSUE TO SOLVE
Max Supply
720,000,000 AVAX
Market Cap
$7,694,017,073
Fully Diluted Market Cap
$13,129,990,959
Indicators
Volatility
Annualized Volatility of the Daily Returns, over the last month.
80.18%
Market Correlation
Correlation Coefficient between crypto Daily Returns and the Total Crypto Markets Daily returns, over the last month.
0.53
Beta
The Beta coefficient is a measure of a crypto volatility and direction in comparison to the volatility and direction of the overall market. A positive Beta greater than 1 indicates that the crypto is more volatile than the market, while a beta less than 1 means it is less volatile.
0.583
Market Dominance
0.33%
ATL/ATH
$2.92/$127.89
Relative Strength Index
The Relative Strength Index (RSI) is an indicator that measures the rate of price changes by comparing the extent of recent gains to recent losses. It scales from 0 to 100 and is used to determine potential turning points in price behavior. A reading above 70 indicates that an asset may be due for a decrease in price, while a reading below 30 suggests a potential increase in price. The RSI calculated here is based on Daily returns over the last month.
49
Information for Avalanche
Last News related to Avalanche
What is Avalanche ?

Overview

Shiba Inu (SHIB) is an Ethereum-based cryptocurrency that was created anonymously in August 2020 under the pseudonym 'Ryoshi.' It is part of a group of cryptocurrencies inspired by the Dogecoin meme, often referred to as 'meme coins.' SHIB aims to be an experiment in decentralized community building and has developed a large following and ecosystem, including its own decentralized exchange, ShibaSwap. The project has grown beyond its meme origins to include various tokens and projects within the Shiba Inu ecosystem.

Utility

Shiba Inu's native token, SHIB, is used primarily within its ecosystem for transactions and governance. The Shiba Inu project includes additional tokens like LEASH and BONE, each serving different purposes within the ecosystem, such as staking and governance on ShibaSwap. The project's community-driven approach has fostered a range of applications and use cases, contributing to its growing popularity.

Security

As an ERC-20 token, Shiba Inu relies on the Ethereum network's security infrastructure. This includes Ethereum's Proof of Stake (PoS) consensus mechanism, which secures transactions and smart contracts through a network of validators. The transition to Ethereum 2.0 further enhances the security and scalability of projects like Shiba Inu that operate on the Ethereum blockchain.

Supply data provided by CoinGecko API
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