Cryptocurrency Stellar Rises More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Stellar's cryptocurrency (XLM) has seen a 3.04% increase in price over the last 24 hours, reaching $0.13. Over the past week, it has gained 2.0%, rising from $0.12. The all-time high for Stellar is $0.88. Trading volume has increased by 10.0% over the past week, while the circulating supply has decreased by 0.61%, now at 28.22 billion coins, approximately 56.45% of the maximum supply. Stellar currently ranks #25 in market cap at $3.54 billion.
December 22, 2023 | 7:03 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Stellar (XLM) has experienced a 3.04% increase in price to $0.13 over the last 24 hours and a 2.0% gain over the past week. The trading volume has increased by 10.0%, and the circulating supply has slightly decreased.
The positive price movement and increased trading volume indicate a growing interest in Stellar, which could lead to further short-term price increases. The slight decrease in circulating supply could also contribute to upward price pressure. However, as cryptocurrencies are highly volatile, the confidence level is not at the maximum.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100