Cryptocurrency Stellar Falls More Than 3% In 24 hours
Portfolio Pulse from Benzinga Insights
Stellar (XLM) has experienced a 3.92% price drop in the past 24 hours, continuing a week-long decline of 4.0%. Trading volume has decreased by 33.0% over the past week, with the circulating supply slightly down by 0.04%. The current market cap is $2.76 billion, ranking it #33.
August 16, 2024 | 3:03 pm
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Stellar (XLM) has seen a 3.92% price drop in the past 24 hours, continuing a week-long decline of 4.0%. Trading volume has decreased by 33.0% over the past week, with the circulating supply slightly down by 0.04%. The current market cap is $2.76 billion, ranking it #33.
The significant price drop and decrease in trading volume indicate a bearish trend for Stellar (XLM). The decline in circulating supply is minimal but adds to the overall negative sentiment. Investors may see this as a signal to sell or avoid buying in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100