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EDGE Falls 10.7% to $0.369 as Oct. 8 Data Show Decline

EDGE closed at $0.369021 on Oct. 8, down from $0.413059 the previous day. Trading volume reached $4.46 million on Oct. 9.

Faceted metallic token tilted on a stone plinth / TokenPost.ai
Faceted metallic token tilted on a stone plinth / TokenPost.ai

edgeX’s EDGE token fell 10.7% between Oct. 7 and Oct. 8, closing at $0.369021.

EDGE closed at $0.413059 on Oct. 7 and $0.369021 on Oct. 8, a decline of about 10.7%.

Trading volume reached $4.46 million on Oct. 9, while EDGE’s market capitalization stood at $129.16 million. A closing price for Oct. 9 was not available.

EDGE is the native token associated with edgeX. Its tokenomics page lists a total supply of 1 billion EDGE and says 4.93% of the supply has been repurchased and burned.

The price decline leaves the token’s next market direction unresolved. The available price, volume and supply figures describe recent trading activity but do not establish that EDGE is preparing for a reversal.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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