As ACH's price falls behind its peers, traders are watching whether the explosive growth in social media discussion, currently marked by negative sentiment, will shift.
ACH price falls behind similar tokens
Over the past month, ACH's price declined by
↘8%
while the broader Ethereum Ecosystem category it belongs to saw an average increase of
↗5%
. The asset currently trades
↘92%
below its all-time high.
Social media mentions surge but sentiment is negative
Social media activity for ACH surged by
↗561%
over the last 30 days, though community sentiment is highly negative, registering at only 14%.
Trading volume increases as price declines
Daily trading volume for ACH rose
↗3%
, which occurred as the asset's category saw a broader
↘15%
decline in volume. This increased trading activity did not correspond with positive price movement for the asset.