Neutrino USD (USDN) saw a 3.8% decrease in value against the US dollar over the 24-hour period ending at 8:00 AM ET on February 9th. Over the past week, the token’s price has fallen by 52.2%. During this time, the total trading volume reached $311.56.
The current market capitalization of Neutrino USD stands at approximately $1.25 million. Despite the recent price drop, trading activity continues at a modest level.
**Why this matters**
Tracking the price movement and trading volume of stablecoins like Neutrino USD is important for understanding market sentiment and liquidity. Significant price fluctuations and trading volumes can indicate shifts in investor confidence or broader market trends affecting cryptocurrency assets.
Source: NewsData