- XLM is up by over 14.8% in its cumulative seven-day performance.
- However, market bigwig Bitcoin fell on the negative side more often than not.
- A prominent analyst believes the next stop for XLM is $1.1.
The crypto market has been in continuous bearish tread for the past weeks. Market bigwigs such as Bitcoin (BTC), Ethereum (ETH), and Bitcoin Coin (BNB) have maintained passive gestures, falling on the negative side more often than not.
However, amid the boring trend exhibited by the top 20 crypto by market cap, one digital asset emerged with significant positive growth. In particular, data from CoinMarketCap shows that Stellar Lumen (XLM) is up by over 14.8% in its cumulative seven-day performance.
XLM’s surge is particularly remarkable because all other cryptocurrencies on the top 20 rankings have visible negative growth in their one-week performance. XLM now trades at $0.1309 after crypto market participants bought and sold $130,266,260 worth of the cryptocurrency in the last 24 hours.
Moreover, the figure represents a significant 24.15% increase compared to the trading volume obtainable in the past day. Early this month, the digital asset saw…
The post XLM Defies Bitcoin, Skyrocketing 14%, How High Can XLM Go? appeared first on Coin Edition.
Source: https://coinedition.com/xlm-defies-bitcoin-skyrocketing-14-how-high-can-xlm-go/