Lido Staked Ether Rises More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Lido Staked Ether (STETH) has seen a 3.88% increase in price over the last 24 hours, reaching $2,627.47, and a 12.0% increase over the past week from $2,339.59. Its trading volume rose by 55.0%, and its circulating supply increased by 1.83% to 9.66 million, with a current market cap of $25.39 billion, ranking it #8.
February 13, 2024 | 3:02 pm
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Lido Staked Ether (STETH) has experienced a 3.88% increase in price over the last 24 hours to $2,627.47, with a 12.0% increase over the past week. The trading volume and circulating supply have also seen significant increases.
The positive price movement of Lido Staked Ether (STETH) over the past week, accompanied by a significant increase in trading volume and circulating supply, suggests a strong market interest and potential for further gains. The increase in circulating supply without a negative impact on price indicates a healthy demand. The market cap ranking improvement reinforces its growing significance in the crypto market.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100