Tokens with the strongest price fluctuations in a day clearly reflect the up and down trends in the cryptocurrency market.
Market data from OKX on August 19th shows CFX, GLM, and CRO as the top price-increasing Tokens, while INJ, ZK, and TON lead the group with the largest drops.
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CFX increased by 4.13%, leading the group of Tokens with price performance in the day.
INJ decreased by 3.56%, being the Token that lost the most value during the trading session.
The data provides important updates on the price trends of major Tokens.
Which Tokens recorded the strongest price increases on August 19th?
OKX market data indicates that CFX, GLM, and CRO are Tokens with the highest price growth on August 19th, reflecting positive buying power and liquidity.
CFX is currently trading at 0.178 USD, up 4.13%, leading the group of gainers. Next is GLM up 2.74% to 0.262 USD, and CRO up 1.70% to 0.149 USD. These numbers reflect the interest and capital flow into Tokens on the market.
In addition, ADA increased by 1.16% to 0.928 USD and XRP increased by 1.15% to 3.0506 USD, contributing to the slight upward price trend of major altcoins.
Which Tokens suffered the largest price drops during the trading session today?
Confirmed by OKX data, the group of Tokens that lost value includes INJ, ZK, and TON with respective decreases of 3.56%, 3.08%, and 2.12% on August 19th.
INJ is trading at 14.074 USD, the largest drop among major Tokens, indicating increased selling pressure in the short term. ZK and TON are also significantly affected, dropping over 2% with prices of 0.0639 USD and 3.282 USD respectively.
The remaining group such as LPT dropped by 1.95% and RPL dropped by 1.91%, indicating a continued price correction trend during the trading session.
Investment orientation should be based on continuously updated market data, with tracking price fluctuations by Token helping investors make more accurate decisions.
Cryptocurrency market analyst, 2024
Why is tracking daily Token price fluctuations important for investors?
Tracking prices hourly and daily helps investors quickly identify opportunities and risks from cryptocurrency market fluctuations.
Strong unexpected fluctuations like increases or decreases of over 3% in a day often indicate short-term trends or particularly impactful events. For professional investors, this data serves as a basis for adjusting portfolios and managing risks effectively.
Capturing information from reputable sources like OKX ensures accuracy and timeliness, helping to avoid FOMO and trading mistakes.
How to analyze the performance of Tokens through trading data?
Analyzing closing prices, daily percentage fluctuations, along with trading volumes is a fundamental method to evaluate the performance of Tokens.
Based on OKX data, observing the percentage increase/decrease along with the current price helps identify trends and market strength beneath each Token. At the same time, comparing with price fluctuations of other Tokens helps investors assess correlation and risk levels.
The comparison table below illustrates the price increase/decrease of the top Tokens on August 19th:
Token Current Price (USD) Daily Change (%) CFX 0.178 +4.13 GLM 0.262 +2.74 CRO 0.149 +1.70 ADA 0.928 +1.16 XRP 3.0506 +1.15 INJ 14.074 -3.56 ZK 0.0639 -3.08 TON 3.282 -2.12 LPT 6.295 -1.95 RPL 7.235 -1.91
Frequently Asked Questions
Which Token increased the most on August 19th?
CFX leads with an increase of 4.13% and a current price of 0.178 USD.
Which Token dropped the most during the trading session?
INJ dropped the most at 3.56%, trading at 14.074 USD.
Why do Token prices fluctuate so much in a day?
Fluctuations due to market sentiment, impacting events, or continuous inflow/outflow of funds.
How to take advantage of Token price fluctuations when investing?
Tracking in-depth market data, technical analysis, and effective risk management helps investors identify opportunities.
How does market data influence investment decisions?
Updated data helps investors react promptly and optimize their cryptocurrency portfolio.
Source: https://tintucbitcoin.com/cfx-tang-inj-giam-hom-nay/
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