Daily

<ul class="news-points"> 
 <li><strong>Kaiko revealed in a Twitter post yesterday that the daily volume for CRV has plummeted over the past 2 weeks.</strong></li> 
 <li><strong>According to the post, the altcoin’s volume has dropped from $300 million to just $7 million.</strong></li> 
 <li><strong>Meanwhile, a significant bearish technical flag was on the verge of being triggered on CRV’s daily chart.</strong></li> 
</ul> 
<p>The on-chain intelligence platform Kaiko revealed in a post on X (Twitter) yesterday that the collective volume for <a href="https://coinedition.com/tag/curve-dao-token-crv/" rel="noopener noreferrer nofollow">Curve DAO (CRV)</a> plummeted over the past 2 weeks. According to the post, CRV’s volume dropped from its latest daily high of $300 million to just $7 million on 7 September 2023. Furthermore, the majority of this volume took place on centralized exchanges, noted Kaiko.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f4c8.png" alt="📈" class="wp-smiley" style="height: 1em; max-height: 1em;"><a href="https://twitter.com/hashtag/CRV?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#CRV</a> volume has fallen from a recent daily high of $300mn to just $7mn on September 7, nearly all of which took place on centralized exchanges. <a href="https://t.co/ZIcMpwcZ9O" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/ZIcMpwcZ9O</a></p>— Kaiko (@KaikoData) <a href="https://twitter.com/KaikoData/status/1701619173674172773?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">September 12, 2023</a> 
  </blockquote> 
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div> 
</figure> 
<p>Meanwhile, from a technical perspective, CRV’s price broke below a key support level over the past 24 hours. During this period, the altcoin’s price lost the support of the $0.3975 mark, where it continued to trade at press time.</p> 
<div class="wp-block-image"> 
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  <img decoding="async" width="1835" height="893" src="https://coinedition.com/wp-content/uploads/2023/09/CRV.png" alt="" class="wp-image-335493" srcset="https://coinedition.com/wp-content/uploads/2023/09/CRV.png 1835w, https://coinedition.com/wp-content/uploads/2023/09/CRV-300x146.png 300w, https://coinedition.com/wp-content/uploads/2023/09/CRV-313x152.png 313w, https://coinedition.com/wp-content/uploads/2023/09/CRV-380x185.png 380w, https://coinedition.com/wp-content/uploads/2023/09/CRV-768x374.png 768w, https://coinedition.com/wp-content/uploads/2023/09/CRV-1536x747.png 1536w, https://coinedition.com/wp-content/uploads/2023/09/CRV-696x339.png 696w, https://coinedition.com/wp-content/uploads/2023/09/CRV-127x62.png 127w, https://coinedition.com/wp-content/uploads/2023/09/CRV-159x77.png 159w, https://coinedition.com/wp-content/uploads/2023/09/CRV-255x124.png 255w, https://coinedition.com/wp-content/uploads/2023/09/CRV-795x387.png 795w, https://coinedition.com/wp-content/uploads/2023/09/CRV-440x214.png 440w, https://coinedition.com/wp-content/uploads/2023/09/CRV-414x201.png 414w, https://coinedition.com/wp-content/uploads/2023/09/CRV-326x159.png 326w, https://coinedition.com/wp-content/uploads/2023/09/CRV-377x183.png 377w, https://coinedition.com/wp-content/uploads/2023/09/CRV-328x160.png 328w, https://coinedition.com/wp-content/uploads/2023/09/CRV-144x70.png 144w, https://coinedition.com/wp-content/uploads/2023/09/CRV-123x60.png 123w, https://coinedition.com/wp-content/uploads/2023/09/CRV-129x63.png 129w" sizes="(max-width: 1835px) 100vw, 1835px"> 
  <figcaption class="wp-element-caption"> <em>Daily chart for CRV/USDT (…</em> 
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 </figure> 
</div> 
<p>The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/crvs-price-plummets-as-its-daily-volume-experiences-a-sharp-drop/">CRV’s Price Plummets as Its Daily Volume Experiences a Sharp Drop</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.</p>

CRV’s Price Plummets as Its Daily Volume Experiences a Sharp Drop

Coin Edition

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