Upside Ahead? Stellar Rally Fizzles But Lumen Could Regain Luster

Upside Ahead? Stellar Rally Fizzles But Lumen Could Regain Luster

The price of Stellar’s lumen cryptocurrency is fast fading. After rising to $0.05 last week, the value of the native token that runs the Stellar protocol is down 36 percent from that recent high today. At press time, the stellar-US dollar ( XLM/USD ) exchange rate is $0.033. Week-on-week, XLM is down 8.33 percent, while on a monthly basis, it is up 177 percent. The decline follows XLN’s rally of more than 100 percent on Oct. 16 after news hit the wires that IBM and Stellar were testing the cryptocurrency for cross-border payments. Currently, the project is designed to […]