Stellar (XLM) Price Pumps Like Crazy, Up by More Than 40 Percent

Libra Coin News
Wed, 09/18/2019 - 15:15
Alex Dovbnya
Stellar has skyrocketed by more than 40 percent, but it’s still 92 percent away from matching its current ATH
Cover image via 123rf.com

Stellar (XLM), Ripple’s XRP rival in the cross-border payments department, has been on fire as of recently. It is currently trading at $0.082 with more than a 40 percent increase over the last 24 hours after a massive green candle.

Related
Bitcoin Price Drops to Zero on CoinMarketCap While Ripple's XRP, Stellar (XLM), and Ethereum (ETH) Register Huge Gains

However, as crypto trader Alex Krüger points out, XLM will have to surge by 60 percent for six consecutive days in order to get to its current ATH, which would be a very hard feat to achieve.

After today's 60% pump, $XLM is only 92% away from its 2018 top. All $XLM now needs is to go up 60% for six consecutive days to regain all time highs 🔥

Congratulations to all short term longs for making a killing. pic.twitter.com/BV3t69fNPh

— Alex Krüger (@krugermacro) September 18, 2019 Meanwhile, Ripple’s XRP, Ethereum (ETH), IOTA (MIOTA), Tron (TRX) and Cardano (ADA) are also in the double-digit territory, according to data provided by CoinStats.

As a result of this massive rally, Bitcoin’s market share has shrunk to 67.1 percent.

About the author

Alex Dovbnya (aka AlexMorris) is a cryptocurrency expert, trader and journalist with an extensive experience of covering everything related to the burgeoning industry — from price analysis to Blockchain disruption. Alex authored more than 1,000 stories for U.Today, CryptoComes and other fintech media outlets. He’s particularly interested in regulatory trends around the globe that are shaping the future of digital assets.


This site uses cookies for different purposes. Please set your preferences in Consent Settings and visit our Cookie Policy for more information on how and why cookies are used on this site.

Cookie policy