Cryptocurrency Stellar Up More Than 7% In 24 hours
Portfolio Pulse from Benzinga Insights
Stellar's cryptocurrency (XLM) has seen a 7.09% increase in price over the past 24 hours, reaching $0.13. Over the past week, it has gained 8.0%, rising from $0.12. The coin's all-time high is $0.88. Trading volume surged by 96.0% over the past week, and the circulating supply slightly increased by 0.04% to 28.25 billion, which is 56.5% of the maximum supply. Stellar currently ranks #27 in market cap at $3.75 billion.
December 27, 2023 | 7:02 pm
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POSITIVE IMPACT
Stellar (XLM) has experienced a significant price increase and a surge in trading volume, indicating heightened investor interest and potential for continued short-term momentum.
The substantial increase in price and trading volume for Stellar (XLM) suggests a strong bullish sentiment in the market. The rise in circulating supply is minimal and unlikely to dampen the positive momentum. Given the recent performance and increased investor activity, there is a high likelihood of continued appreciation in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100