XLM price gains 30% in a day as positive sentiment shifts from XRP to Stellar
XLM benefits from a Ukraine government partnership and becomes the latest addition to 2021's new altseason. Stellar (XLM) is winning the battle of the blockchain payment networks against Ripple this week as sentiment flips in its favor.Data from monitoring resource The TIE confirms that long-term sentiment towards XLM is now higher than towards XRP, the altcoin in which embattled Ripple is the largest stakeholder.XLM sentiment beats out XRPThe figures serve as the latest warning to XRP investors, who have looked on in dismay as legal problems for Ripple in the United States cause its value....
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Stellar price has continued to travel south over the last 24 hours. On the last day, XLM lost more than 6% of its market value. Stellar has recorded positive price sentiment recently, owing to an update that spread optimism across the XLM community. In the latest update, Stellar users can now transfer USDC and Stellar Lumens via email. Despite the update, technical indicators have sided with the bears on the one-day chart. The buying power has fallen considerably, even though the number of buyers is greater compared to the number of sellers. In the last week, Stellar price went up close to....
Although it has yet to overtake Ripple, Jed McCaleb's Stellar has performed respectably in its first several months. The payment gateway's native currency has consistently remained in the top-twenty on the market cap charts. However, the stellar price has not been living up to its name over the past couple weeks. Also read: Stellar Price Rises Despite Bitcion Price Drop. Stellar Price Reaches Three-Week Low. On October 9, the stellar price fell to 662 satoshis, which marked a three-week low for Ripple co-founder Jed McCaleb's latest altcoin project. As recently as September 29, the stellar....
Stellar follows the general market sentiment with green indicators across the board. XLM’s price seems to be positively reacting to the increase in USD Coin (USDC) liquidity on top of its blockchain. Additionally, the Stellar Development Foundation (SDF) made a potential groundbreaking announcement. Alongside VISA, Tala, and Circle, one of the companies behind USDC, the […]
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