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Important star news
Stellar To Surpass Litecoin
When it comes to cryptocurrencies, there have always been the three giants: Bitcoin, Ethereum and Litecoin. They are one of the oldest cryptocurrencies and one of the most prosperous. With the bitcoin compared to gold, Litecoin has been claimed by many as silver. However, even if the fame has remained, the place has already been surpassed by more currencies. It is therefore interesting to see it fall even further and see a new project go up on the list based on the total market capitalization.
Stellar's market capitalization has just surpassed $ 4,500,000,000 with Lumen token XLM trading currently around $ 0.24.
Coinbase Custody To Consider Stellar
Coinbase Custody is a custody service for institutional investors designed to offer customers a highly secure way of storing large amounts of cryptocurrency. The ad says: "Coinbase Custody is exploring the addition of many existing and future cryptographic resources only for storage and will work to add them as quickly and securely as possible. these trading activities. "The mention of the XLM may mean that they have noticed an interest from influential investors who are looking for safe ways to store large amounts of lumens.
Lumen Price
XLM Price Analysis
XLM appears to be currently declining. There may be two main factors that cause this price drop. The first thing is that there has been a lot of events around Stellar in the last month and the price has simply been inflated by positive news, investors and traders looking for quick money. Therefore, a correction was about to happen. The second thing, which adds to the rapid decrease, is the negative market movement of the entire cryptocurrency market. This has caused the LWM to drop 8.62% in the last 24 hours and may even drop. It is currently trading slightly below $ 0.24. And the 24-hour volume is more than $ 60,000,000.
XLM / USD price chart, Saturday 4 August:
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