Cryptocurrency Stellar Decreases More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Stellar's (CRYPTO: XLM) price has fallen 3.33% to $0.13 in the past 24 hours, contrasting its positive trend over the past week where it gained 3.0%. The trading volume for the coin has decreased 37.0% over the past week, while the overall circulating supply of the coin has increased 0.08% to over 27.94 billion. The current market cap ranking for XLM is #24 at $3.55 billion.
November 07, 2023 | 7:00 pm
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NEGATIVE IMPACT
Stellar's price has fallen 3.33% in the past 24 hours, despite a 3.0% gain over the past week. The trading volume has decreased 37.0% over the past week.
The decrease in Stellar's price and trading volume over the past 24 hours indicates a negative short-term impact. Despite the positive trend over the past week, the recent drop in price and trading volume could lead to a decrease in the short-term price of XLMUSD.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100