Lido Staked Ether Rises More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
Lido Staked Ether (STETH) has seen a 4.57% increase in price over the last 24 hours, reaching $2,620.48, continuing a positive trend with a 14.0% gain over the past week from $2,298.64. Despite a 60% decrease in trading volume, the circulating supply has grown by 1.25% to over 9.64 million, with a current market cap of $25.22 billion, ranking it #8.
February 12, 2024 | 7:02 pm
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Lido Staked Ether (STETH) has experienced a 4.57% price increase in the last 24 hours, reaching $2,620.48, with a 14% gain over the past week despite a 60% decrease in trading volume.
The significant price increase of Lido Staked Ether (STETH) over the past week, coupled with its rising circulating supply and substantial market cap, indicates strong market performance and investor interest. Despite the decrease in trading volume, the consistent price rise and high market cap ranking suggest a positive short-term impact on STETHUSD.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100