Stellar Lumens (XLM) Continues its Double Digit Trend While Ripple’s XRP Slows Down
Sundays are most beautiful when you start the morning by seeing the complete crypto-market taken over by the green gaining percentages. Two days ago Ethereum World News reported on how XRP’s bull-run had no stop and it went above even Ethereum by market capitalization for a brief day.
At the same time one of the communities favorites Stellar Lumens (XLM) was following XRP’s performance at such high notes with almost 20.00% gain. Afterwards not being surprised a slight correction came to be and the buyers movement slowed down as sellers stepped in to get their money notes.
Stellar Lumens XLM Price and Latest
Out of the top 50 cryptocurrencies, only Maker (MKR) and Bitcoin Diamond (BCD) and Cardano (ADA) are welcoming the same increase as the speedy XLM. The pair XLM/USD is changing hands at $0.2700 with 13.77% upward movement for the last 24-hours. Its market capitalization difference from EOS ($5.4 bln) is only $0.4 bln (current $5.0 bln) before possibly taking its place as Litecoin, following after, is being left behind at only $3.5 bln.
The last time XLM was trading at this level against the US Dollar is almost two months ago at the end of July – beginning of August. The global market capitalization of the crypto-verse is close to recovering completely from the violent sell-off that took place in the beginning of September. Per time of writing it is standing at $226 Billion which is above the level where on the 5th of Sep, it dropped in a matter of hours from $238 Billion.
On Sep 22nd, our team reported on the Circle’s [Goldman Sachs-backed cryptocurrency infrastructure startup] coin additions to its platform. According to the the blog post, Divya Agarwalla – Head of Product and SVP, noted out that Stellar XLM, 0x ZRX, EOS (EOS) and QTUM (QTUM) are going to be listed.
EOS, XLM, ZRX, and QTUM can be now bought individually, or part of Circle’s so-called “Buy the Market” feature, which allows interested investors to gain exposure to a diversified cryptocurrency portfolio that features all of the tokens and coins listed by the lesser-known, yet accessible platform.
In order to give to its subscribers/followers an opportunity to use blockchain-supported cross-border and oversea payment systems, LG Uplus [mobile branch of LG] joined with global partners the like of Ripple’s payment solutions (XLM), Stellar (XLM) and Swift.
In a declaration by the Korea-based mobile carrier on Sunday, the trial service is expected to start next year, and would employ the expertise of a cross-carrier blockchain platform referred to as CCPS (cross-carrier payment system).
Disclaimer: This article is not meant to give financial advice. Any opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you.