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Cryptocurrency Stellar Falls More Than 16% In 24 hours

By Benzinga Insights

Over the past 24 hours, Stellar's (CRYPTO: XLM) price has fallen 16.05% to $0.13. This continues its negative trend over the past week where it has experienced a 26.0% loss, moving from $0.18 to its current price.

The chart below compares the price movement and volatility for Stellar over the past 24 hours (left) to its price movement over the past week (right). The gray bands are Bollinger Bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

Stellar's trading volume has climbed 161.0% over the past week, moving in tandem, directionally, with the overall circulating supply of the coin, which has increased 1.92%. This brings the circulating supply to 24.81 billion, which makes up an estimated 49.62% of its max supply of 50.00 billion. According to our data, the current market cap ranking for XLM is #28 at $3.28 billion.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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