Lido Staked Ether Rises More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
Lido Staked Ether (STETH) has seen a 4.67% increase in price over the last 24 hours, reaching $3,981.13. This is part of a larger trend, with a 17.0% gain over the past week from $3,383.34. The coin's all-time high is $4,829.57. Trading volume has risen by 46.0%, and the circulating supply has slightly increased by 0.05% to over 9.85 million, making its market cap $39.23 billion and ranking it #6.
March 08, 2024 | 3:03 pm
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Lido Staked Ether (STETH) has experienced a significant price increase of 4.67% in the last 24 hours, reaching $3,981.13, with a 17% gain over the past week. The trading volume has increased by 46%, and the circulating supply has grown slightly, contributing to its current market cap of $39.23 billion.
The significant price increase and trading volume growth for Lido Staked Ether (STETH) suggest a strong market interest and positive momentum, likely leading to further short-term gains. The increase in circulating supply is minimal, indicating that the price rise is not due to an oversupply, which supports the potential for continued appreciation.
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