Yes this is well appropriate.
But you need to understand how the price of XLM affects.
This happenes due to the trading volume.
It is only the trading volume for which the price of a particular coin increases or decreases.
So i guess now you can understand.
For this XLM you can say out of flavor.
Good luck.
Topic: Why is XLM so out of flavour? - page 3. (Read 650 times)
Because There Are Some Bad Rumour About It.
First, Libra Is Announced,And Some Rumoured It'll Be XRP And XLM Competitor.
Second, There's A Rumour That IBM And Stellar Relationship Is Souring(https://t.me/StellarLumens/325632).
Third, Jed McCaleb Is No Longer SDF CEO.
If You Complaining Abot XLM Price Now, Don't Worry Other Altcoin Experiences That Too.
First, Libra Is Announced,And Some Rumoured It'll Be XRP And XLM Competitor.
Second, There's A Rumour That IBM And Stellar Relationship Is Souring(https://t.me/StellarLumens/325632).
Third, Jed McCaleb Is No Longer SDF CEO.
If You Complaining Abot XLM Price Now, Don't Worry Other Altcoin Experiences That Too.
A coin that doesn't pump because of btc's dominance doesn't mean that they are abandoning the project. XLM is just one of the many altcoins that has bad market as of bitcoin's rally. Don't think that it's the only coin that suffers during the pump and bitcoin's time of shining. While XLM is on no movement mode, aren't you considering of buying it right now at cheaper rates? I think it's a bargain for those people that are looking up to this coin.
Stellar Lumens (XLM) is indeed a good Blockchain project. And it was altready prove its existence and place in the crypto-space wayback 2017-2018 Bullrun. So no need to question about Stellar Lumens capability. Its true that Bitcoin price rally has a significant effect in the market. But its not yet strong enough to drive all Alts to the top patience is a virtue so we must wait till it come soon.
Stellar has been in the shadow of Ethereum. It's exchange never got a good traffic as there are not many stellar based tokens to trade with. Single blockchain exchanges would never succeed. Stellar though better than Ethereum in many ways, is still complicated for most of the developers.
Stellar Lumens (XLM) is indeed a good Blockchain project. And it was altready prove its existence and place in the crypto-space wayback 2017-2018 Bullrun. So no need to question about Stellar Lumens capability. Its true that Bitcoin price rally has a significant effect in the market. But its not yet strong enough to drive all Alts to the top patience is a virtue so we must wait till it come soon.
I also haven't seen a clear reason so far why Stellar is stuck and doesn't rise when BTC rises. I am still holding some XLM here and waiting for him to surprise me.
It's better to be patient with friends when it's time for the altcoin season to come, even though it's a bit stellar now. I walked in several Stellar forums and still haven't found clarity why Stellar is stuck.
It's better to be patient with friends when it's time for the altcoin season to come, even though it's a bit stellar now. I walked in several Stellar forums and still haven't found clarity why Stellar is stuck.
What has caused price fall of stellar coin. Stellar is one of my favourite coins and to be exact I have invested in the coin. So it is obviously that my attention will be drawn to the performance of the coin. Concerning its price, sometimes price of a coin may go up or down without any reasons. I think there may not be any concrete reasons behind fall of the coin.
You're not alone my friend, I heavily invested with XLM too and holding since its ATH and as of now I don't see any reason for it to go this low, it's out of the top 10 altcoins. The price of it goes stagnant when Bitcoin's price are increasing.
When I'm looking to the Stellar community it seems that they are very much active to more projects but it didn't justified its current price and to think that XRP are still on the top 3 makes me more wonder.
When I'm looking to the Stellar community it seems that they are very much active to more projects but it didn't justified its current price and to think that XRP are still on the top 3 makes me more wonder.
Recently, the markets have made a good high and BTC was able to assert it dominance on the market with a 60%+ holding in the entire marketcap. I have also been a believer in the tech behind Stellar and hold a considerable number of Stellar Lumens (XLM) and other products built on the Lumens protocol. But XLM has not taken part in the recent rally. Also, it was badly hammered in the correction that has been going on for the past 24+ hours. Can anyone point to me the reasons behind the fall in XLM. Are the developers abandoning the project? What is going on in Stellar?
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