The torpid Aave AMM USDC had its price rise only by 2% last week (December 26 - January 1).
Between December 26 - January 1, Aave AMM USDC has been mostly as its price has been in the rising mode. The situation on the AAMMUSDC market shows that the underlying asset is currently experiencing a period of low volatility. No rise or fall was observed in the market capitalization of the coin during the period under review. No growth or loss has been observed in trading volume on the crypto coin's market.
The analysis of events on the Aave AMM USDC market shows that the cryptocurrency under review is experiencing a period of low volatility. The data derived from our credible sources shows that the average volatility of AAMMUSDC didn't exceed 0%, which is indicative of weak price action. The most significant price swings occurred on December 30, when the volatility of the coin was at its highest for the given period at 1%. The price action on the asset's market was the weakest on December 31 when the volatility was at 0%, the minimum for the given period of time. The volatility of 0% is too low for the crypto coin to engage in any attention-worthy price action.
While the overall situation on the Aave AMM USDC market was neutral, the trading session on December 26 kicked off at the $1 price level. The price of AAMMUSDC took a 1% down downswing at the open of the weekly trading period. On December 27 the coin market stayed neutral, with no changes in the price. The cautious traders dominated the price action on December 28, with the Aave AMM USDC market remaining flat. On December 29, the value of AAMMUSDC was in the range, with the market remaining flat. December 30 kicked off with Aave AMM USDC trading opening at $1 and then closing the session at $1.01, establishing the 24H low at $0.99 and 24H high at $1.01 in the process. The activity on the crypto coin's market on December 31 resulted in the asset being traded between $1.01, the open of the day, and $1, the close of the day; at some point, the price spiked to the daily high at $1.01 and briefly dropped to the daily low at $1. The coin's market saw no changes on January 1, as the market flatlined. The asset posted the weekly low at $0.99, while the top of the weekly trading session was registered at $1.01. Aave AMM USDC bounced 2% between the low of the week and the peak price for the same time period, ultimately creating a price range of $0.02.
Aave AMM USDC ’s average trading volume on the opening day of the observed time period, December 26, stood at, while on the closing day of the same period, it moved to. During the week before December 26, the trading volume of AAMMUSDC flowed from to. The asset demonstrated an 0% change in trading volume, when compared against its performance in the past 7 days, while its price fluctuated by 2%.
AAMMUSDC experienced no change in total market capitalization during the past week. The price of the coin was not changed, with a 0% shift in its total market capitalization. Aave AMM USDC market capitalization from the week before experienced no change, as a result there were no price fluctuations.