On September 4, 2023, the XLM price jumped by 4.57%. This came amid a mysterious announcement from the Stellar blockchain development team.
Something cool is dropping in 10 days.
Get ready to gear up for a change that’s got us all excited. Stay curious 😎 pic.twitter.com/CgNzfzwqmc
— Stellar (@StellarOrg) September 2, 2023
What exactly is being discussed is still unknown. However, against the background of this publication, the rate of Stellar’s native token, XLM, jumped sharply. Over the course of the day, the price of the asset rose from $0.1185 to $0.1235 at the time of writing, according to TradingView.
At the same time, the token updated its weekly high at $0.1257. Over the past six months, XLM has grown in price by almost 50%, according to Trading View.
The token is among the top 25 crypto assets by market capitalization, according to CoinGecko. Interestingly, most other altcoins, such as XRP, ADA, SOL, MATIC and AVAX, show negative dynamics.
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Source: Cryptocurrency
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