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.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100