Benzinga – by Benzinga Insights, Benzinga Staff Writer.
In the last 24 hours, the price of Stellar (CRYPTO: XLM) has increased by 3.26% to reach $0.11, showing a positive movement. This is a notable shift from its negative performance in the past week, where it faced a 20.0% decline, dropping from \(0.13 to its current value. It is worth mentioning that the coin’s all-time high was recorded at \)0.88.
The following chart illustrates the price fluctuations and volatility of Stellar over the past 24 hours (on the left) compared to its performance over the previous week (on the right). The Bollinger Bands depicted in gray indicate the volatility in both the daily and weekly price changes. A wider band or a larger gray area signifies higher volatility in the market.
While the trading volume for the coin has increased by 3.0% in the past week, the circulating supply has seen a slight decrease of 0.18%. The current circulating supply stands at 28.88 billion tokens, representing approximately 57.75% of its maximum supply of 50.00 billion tokens. Based on available data, XLM holds the #36 position in terms of market capitalization, amounting to $3.12 billion.
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