What’s Behind Stellar’s (XLM) Decline? Whales Dump XLM for New Solana Dog-Themed Meme Token Set to Soar From $0.0004 to $4

Stellar's recent dip is stirring curiosity as large holders shift their focus to a new, promising dog-themed meme token on the Solana network. The move signals potential growth for this emerging cryptocurrency, which intriguingly aims to rise from a mere $0.0004 to $4. The dynamics behind this transition hint at strategic opportunities in the ever-evolving crypto landscape. Stellar (XLM): Enhancing Global Financial Connectivity Stellar (XLM) is a decentralized payments network that started in 2014. It uses blockchain technology to enable…

Stellar (XLM) Shines With 11% Gain Despite Downbeat Crypto Market Mood

Stellar (XLM) flexes its muscles as it rose in price today, August 8th, going against the slowing market rebound that occurred after the market’s dip that happened earlier this week. According to CoinGecko, XLM shifted upwards by almost 10% gaining in an environment where the majority of altcoins are still experiencing pain.  The Stellar network’s current bullishness can be largely attributed to recent developments that show the platform’s commitment to bringing crypto within reach of the average Joe.  Decaf On…

XLM Price (Stellar) Surges Along XRP, Can Bulls Push It To $0.12?

Stellar (XLM) started a strong increase above the $0.0950 resistance against the US Dollar. XLM price is gaining pace and might aim for $0.120. There was a steady increase in Stellar’s token price above $0.0950 against the US dollar. It is now trading above $0.100 and the 100 hourly simple moving average. There is a major bullish trend line forming with support near $0.0980 on the hourly chart of the XLM/USD pair (data source from Kraken). The pair is likely…

Deutsche Bank-backed Taurus Expands into Stellar for Asset Tokenization: Can It Propel XLM Price to a New ATH?

Custody startup Taurus is advancing its tokenization plans in partnership with Stellar Network. Stellar has started accommodating a lot of mainstream firms exploring RWA tokenization, which is a major boost for XLM. Taurus, a digital asset custody platform supported by Deutsche Bank, was recently integrated into the Stellar ecosystem for enhanced Real-World Asset (RWA) tokenization. This collaboration holds promise for Stellar native token XLM,  leading to discussions surrounding a new All-Time High (ATH). Taurus Expands Tokenization Efforts With Stellar Partnership…

Crypto’s Safest Bet? Stellar (XLM) and VeChain (VET) Investors Turn to Rising Presale Star Rollblock (RBLK) for Stability

In the past month, the cryptocurrency market has gone through a major decline that has impacted the price trends of top crypto coins, Stellar and VeChain. Thus, the investors have started to look to another altcoin known as Rollblock. Analysts are now speculating that the value of this newcomer could possibly rise by 100x in the next few months. Stellar (XLM) Price Outlook After meeting with massive bearish pressure at $0.106, the cross-border payment token, Stellar (XLM) has been on…

Time To Stack Stellar (XLM)? Analyst Calls For Epic 500% Price Breakout

Stellar Lumens (XLM), the cryptocurrency known for its fast and cheap cross-border transactions, has been on a quiet journey lately. While the broader crypto market experiences wild swings, XLM trades sideways, seemingly unfazed by the drama. But is this calmness a sign of stagnation, or is Stellar poised for a stellar (pun intended) breakout? Trading In The Twilight Zone Currently, XLM sits at $0.10, a price point it’s clung to for weeks. Trading volume is moderate, and the overall market…

Ripple CTO Addresses Curious Price Link Between XRP And XLM

In an exchange on X, Ripple‘s Chief Technology Officer (CTO), David Schwartz, also known as JoelKatz, responded to queries about the strikingly similar price movements of XRP and Stellar (XLM). This discussion has brought to light not just the intertwined market dynamics of these two major cryptocurrencies but also the complex factors influencing their valuation. Curious Correlation Between XRP And XLM Schwartz candidly addressed a post by Good Morning Crypto, who highlighted a long-term price chart comparison between XRP and…

XLM Q1 Results: Is it Time to Invest? Raboo’s Progress and Ripples’s SEC Challenges

With the bull run kicking off in April, it was no surprise to see new and old altcoins and meme coins start doing respectable numbers again. With older altcoins like Stellar (XLM) and Ripple (XRP) undergoing some sort of rally, analysts have discovered a new AI-powered memecoin, which is tipped to be the most exciting memecoin of 2024. After raising over $1.4 Million in its ongoing presale, Raboo ($RABT) aims to become a top 20 memecoin by market cap, challenging…

Stellar Lumens Testnet Advances to Protocol 21: Implications for XLM Price?

Stellar’s Testnet has advanced to Protocol 21, enhancing its smart contract capabilities. This upgrade could significantly impact XLM’s price, especially in the Decentralized Finance (DeFi) sector. On June 18, 2024, validators of the Stellar public network will decide on an essential upgrade to Protocol 21. If approved, this will activate five new Core Advancement Proposals (CAPs) on Stellar’s Mainnet. Currently, the Stellar Testnet has already transitioned to Protocol 21, a crucial development for enabling smart contracts and a key milestone…

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