Stellar (XLM) Topples EOS to Become the Fifth Largest Cryptocurrency with No Signs of Slowing Down

2018-11-15 05:25

Stellar (XLM) was able to enter the top 5 cryptocurrencies according to their market capitalization. After growing during the last months and with a very weak performance of EOS, the fifth position is currently taken by XLM.

This can be seen in CoinMarketCap’s ranking. Stellar currently has a market capitalization of over $5 billion dollars and each XLM token can be purchased for $0.26 dollars. Instead, EOS has a market capitalization of $4.85 billion dollars and each coin can be purchased for $5.36 dollars.

There are some things that allowed Stellar to grow and increase its presence in the cryptocurrency market. Coinbase announced a few months ago that it was exploring different virtual currencies. Stellar Lumens was among the digital assets mentioned by the company.

At the same time, Stellar has recently started a giveaway campaign with the crypto wallet provider Blockchain. The giveaway was worth $125 million dollars.

Peter Smith, CEO of Blockchain, commented about this:

“We’ve already shared our thoughts on how Blockchain Airdrops are a great way for crypto creators to drive decentralization and adoption for new networks. We think they’re great for crypto users too. […] We’re starting with Stellar because its network is built for scalability.”

Moreover, EOS lost its position because of some issues with its governability structure and policies. Additionally, EOS faced some controversy after agents had the power to reverse transactions that were already confirmed on the network. This has led to criticism of the protocol’s ethics and how they manage the decisions of the network.

The growing interest for Stellar has also grown in different trading platforms such as Binance. For some time, XLM registered a higher trading volume than XRP a direct competitor for XLM. Furthermore, XRP is also the third largest virtual currency in terms of market capitalization with $21 billion dollars. Bitcoin (BTC) and Ethereum (ETH) are above XRP. However, Ethereum has just a few million dollars more than XRP.

In the future, the XLM community can continue to push its price up. If Coinbase finally lists this virtual currency, the price could grow even further. In terms of BTC, Stellar remained stable during this year. Compared to US dollars, in November, the virtual currency grew 27%, from $0.22 dollars to $0.28 dollars.

In the last 24 hours, Stellar Lumens lost 2.63% of its price.

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Stellar (XLM) на Currencies.ru

$ 0.1077 (+0.47%)
Объем 24H $43.591m
Изменеия 24h: -0.09 %, 7d: 6.08 %
Cегодня L: $0.1054 - H: $0.1078
Капитализация $3.12b Rank 35
Цена в час новости $ 0.2255 (-52.24%)

xlm stellar capitalization market currently eos fifth

Источник: bitcoinexchangeguide.com

xlm stellar → Результатов: 126


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Из топовой десятки цифровых валют самых лучших результатов за последние сутки добился Stellar (XLM). За 24 часа цена этого альткоина выросла почти на 15% до $0,284. Капитализация XLM превышает $6,387 млрд.

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Stellar растет на фоне сотрудничества разработчиков с властями Украины

Альткоин Stellar (XLM) начал неделю с уверенного роста, монета подорожала до самого высокого уровня с середины декабря 2020 года. Курс XLM на момент публикации данного обзора превышал $0,173.

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В Stellar отказались от эйрдропа на 2 млрд XLM

Некоммерческая организация Stellar Development Foundation (SDF) отказалась продолжать эйрдроп на 2 млрд XLM среди пользователей мессенджера Keybase. Причиной в SDF назвали массовую регистрацию фейковых пользователей.

2019-12-12 21:46


Фото:

Japan: Crypto Exchange Coincheck to List Stellar; XLM Price Spikes

In an official blog post published on November 1, 2019, the Japanese cryptocurrency exchange platform Coincheck announced that it will enable support for Stellar Lumens (XLM) from November 12. XLM Takes Off for the Japanese Cryptospace XLM, the native digital token of distributed ledger technology (DLT) project Stellar Lumens which seeks to leverage blockchain technologyRead MoreRead More.

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