Cryptocurrency Stellar Up More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
Stellar (CRYPTO: XLM) has seen a 4.52% increase in price over the last 24 hours, reaching $0.12. This is part of a positive trend over the past week, with a 7.0% gain. The coin's all-time high is $0.88. Trading volume has surged by 152.0% over the past week, and the circulating supply has slightly increased to over 28.50 billion, representing approximately 56.99% of its max supply. Stellar's market cap ranking is now #37 at $3.55 billion.
February 29, 2024 | 7:03 pm
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Stellar (XLM) has experienced a 4.52% increase in its price over the last 24 hours, reaching $0.12, and has seen a 7.0% gain over the past week. The trading volume for Stellar has increased significantly by 152.0%, and its circulating supply has slightly increased. The current market cap ranking for Stellar is #37 at $3.55 billion.
The positive price movement of Stellar (XLM) over the past 24 hours and week, combined with a significant increase in trading volume, indicates strong market interest and potential for further gains. The increase in circulating supply is minimal, suggesting that the price increase is not due to an oversupply. The market cap ranking improvement reflects growing investor confidence in Stellar.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100