Lido Staked Ether Falls More Than 4% In 24 hours
Portfolio Pulse from Benzinga Insights
Lido Staked Ether (STETH) has seen a 4.34% price drop in the last 24 hours, continuing a slight downward trend over the past week. Despite the price drop, trading volume increased by 13% over the week, while circulating supply decreased by 0.19%. STETH's market cap is ranked #8 at $25.29 billion.
August 27, 2024 | 7:01 pm
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Lido Staked Ether (STETH) experienced a 4.34% price decline in the last 24 hours, with increased trading volume and a slight decrease in circulating supply. The market cap remains strong at $25.29 billion, ranked #8.
The 4.34% price drop in STETH suggests a negative short-term sentiment. However, the increase in trading volume indicates active market interest, which could stabilize or reverse the trend. The decrease in circulating supply might also impact price dynamics.
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