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.
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:
Follow TokenTops on Twitter to stay informed about new articles, cryptocurrency news, ICO announcements and forecasts and price analysis.
Legal Disclaimer: Remember that trading, buying or any other type of investment in cryptocurrencies should be considered risky and may result in the loss of all money invested. For more information, visit the Terms and Conditions section on TokenTops. We do not encourage our readers to any kind of financial decision. Neither tokentops.com nor its parent companies accept responsibility for any loss, damage or inconvenience caused by reliance on information published or linked to tokentops.com. We believe that everyone should do their own in-depth research on the particular topic in various sources before making any financial decision and this person should be solely responsible for the result. Our writers do their best to remain impartial and do not actively support any project. The research is conducted with various sources, the predictions are based on their beliefs, analytical skills, experts and community discussions and are intended to transmit only general information.