24H Change

24H Change is the price change of a cryptocurrency or non-fungible token (NFT) within a 24-hour time frame. In those 24 hours, cryptocurrency assets can see large or small price movements — up or down — for which this is the main indicator. As an example, if the current price of Bitcoin is $20,000, while 24 hours previously it was $19,000, that would be a +5% 24H Change.

24H Change is an important metric because it gives traders current context when reviewing a crypto asset. Seeing the 24H Change can show if an asset is currently on the rise, or if it’s seen recent negative price action with a price decrease.

Key Takeaway

24H Change, which is short for ‘24-Hour Change’, shows the percentage price difference of a cryptocurrency or non-fungible token (NFT) in the market over a 24-hour time frame.

Related Words

Market Cap

Market cap refers to the total dollar value of a cryptocurrency in circulation. It is calculated by multiplying the token price by the total number of tokens.

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Circulating Supply

Circulating supply is the amount of a cryptocurrency currently on the market. The number can grow or shrink for various reasons.

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TradFi

Traditional finance, or TradFi, is a conventional approach to financial activities that relies on established institutions, such as banks, insurance companies, investment companies, and stock exchanges.

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Collection Value

Collection Value is the aggregated monetary value of all the NFTs in a collection.

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NFT Sales Volume Index (7D)

The NFT Sales Volume Index (7D) shows the price and number of editions of a non-fungible token (NFT) collection sold over a 7-day (7D) period.

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Crypto Asset

Crypto assets are transferable digital representations of value made possible by cryptography and blockchain technology.

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24H Volume

24H Volume shows the number of a cryptocurrency’s tokens traded over a 24-hour time frame.

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7D

7D, short for seven days, refers to price data that has been collected for a cryptocurrency over a 7-day period.

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Floor Price

Floor Price is equal to the lowest-priced NFT in a collection.

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Gas (ETH)

Gas is the cost of a transaction on the Ethereum network.

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