Cryptocurrency Stellar Rises More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
Stellar's cryptocurrency (XLM) has seen a 4.88% increase in price over the last 24 hours, reaching $0.13. Over the past week, XLM has gained 10%, rising from $0.12. The coin's all-time high is $0.88. Trading volume for Stellar has surged by 136% over the past week, and the circulating supply has increased by 0.45% to 28.15 billion, which is 56.3% of the maximum supply. Stellar currently ranks #23 in market cap at $3.70 billion.
December 08, 2023 | 7:00 pm
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POSITIVE IMPACT
Stellar (XLM) has experienced a significant increase in price and trading volume, indicating a strong short-term bullish trend in the market.
The substantial increase in Stellar's price and trading volume suggests a positive investor sentiment and increased market activity, which could lead to further short-term gains. The increase in circulating supply is relatively small and unlikely to dampen the bullish trend.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100