Zombie Inu market outlook from November 18 - November 24 :the price surges by 477%.
The behavior of Zombie Inu last week was characterized by the occurrence of upswings. The volatility associated with the ZINU market was high, as were its price fluctuations. Last week’s market conditions reflected on the market capitalization of the asset, which was rising. The past week’s price movement of the crypto coin was accompanied by the growing trading volume on the corresponding market.
The volatility of Zombie Inu was at 268.12% on average, which caused noticeable price fluctuations. The peak of the asset's volatility fell on November 18 after it went all the way to 268.12%. The lowest volatility for the given period was spotted on November 24 and reached 2.33%. 268.12% is too high a volatility for the ZINU market to be considered stable and easily predictable.
On November 18, the first trading session of the reviewed time period, the market participants saw ZINU moving up by 2%. The coin market was up by 7% on November 19, the second day of the reviewed time period. On November 20, the market was moving to the upside as Zombie Inu went 6% up from the low at $0.00000000005 to the high at $0.00000000005. On November 22, ZINU market moved by 24% in the bullish direction in concert with the trading volume. November 22 kicked off with Zombie Inu trading opening at $0.00000000006 and then closing the session at $0.0000000002, establishing the 24H low at $0.00000000006 and 24H high at $0.0000000002 in the process. On November 23, the crypto coin showcased the following price fluctuations: the trading session began at $0.0000000002 and then traveled from the low of the day at $0.00000000007 to the high of the day at $0.0000000002, closing at $0.00000000007. Most trading activity on November 24 occurred in the space between $0.00000000007 and $0.0000000003; during this time span, the immediate selling pressure forced the coin to drop to the 24H low at $0.00000000007, though the bulls had also staged the rally to the 24H high at $0.0000000003. Over the course of all trading sessions, the asset established the weekly low at $0.00000000004 while buyers managed to push the price up to the weekly high at $0.0000000003. Zombie Inu shaped the $0.0000000002 price range over the week of price action, which constituted the 477% gap between the weekly low and the weekly high.
The past 7 days were marked by a change in average daily trading volume from $1 040 on November 18 to $4 710 on November 24. During the week before November 18, the trading volume of ZINU flowed from $1 141 to $10 291. The 21% change in trading volume in the asset's market, compared to last week, supported the price movement that allowed the cryptocurrency to alter its value by 477%.
The total market capitalization of Zombie Inu during the past 7-day oscillated between $25 582, the starting point that was established on November 18, and $40 682 on November 24, the end date of the reviewed period. When translated to percentage rate, the market capitalization of ZINU over the past week adjusted by 59%. As a consequence of the 59% fluctuation in its market capitalization, the price of the coin changed by 477%. The comparison with the Zombie Inu market capitalization seen during the time period November 11 - November 17 that occurred before the observed one, which changed by 79%, from $112 270 to $23 062, allows us to get a clearer understanding of current market conditions.