Cryptocurrency Stellar Decreases More Than 4% Within 24 hours
Portfolio Pulse from Benzinga Insights
Stellar (XLM) has experienced a 4.85% price drop in the last 24 hours, continuing a week-long decline of 10%. Despite the price drop, trading volume has surged by 310% over the past week. The current market cap for XLM is $2.44 billion, ranking it #36.

July 05, 2024 | 3:02 pm
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Stellar (XLM) has seen a 4.85% price drop in the last 24 hours, continuing a week-long decline of 10%. Despite the price drop, trading volume has surged by 310% over the past week. The current market cap for XLM is $2.44 billion, ranking it #36.
The significant price drop of 4.85% in the last 24 hours and a 10% decline over the past week indicate a negative trend for Stellar (XLM). The increase in trading volume by 310% suggests heightened market activity, but the overall price movement is downward, which is likely to impact the short-term price negatively.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100