Cryptocurrency Stellar's Price Increased More Than 3% Within 24 hours
Portfolio Pulse from Benzinga Insights
Stellar's cryptocurrency (XLM) has seen a price increase of 3.26% in the last 24 hours, reaching $0.11, despite a 20% decrease over the past week from $0.13. The trading volume has increased by 3.0%, while the circulating supply decreased by 0.18% to 28.88 billion, representing 57.75% of its max supply. Stellar's market cap is currently ranked #36 at $3.12 billion.
April 16, 2024 | 7:03 pm
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Stellar's XLM has experienced a 3.26% price increase over the last 24 hours, reaching $0.11, despite a weekly downtrend. The trading volume has grown by 3.0%, and the circulating supply has slightly decreased.
The short-term price increase of Stellar (XLM) is a positive signal for investors, especially considering the broader weekly downtrend. The rise in trading volume alongside a slight decrease in circulating supply could indicate growing investor interest and potentially more upward pressure on price in the near term.
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