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Is Stellar Going to Zero? XLM Drops 16%, Now Trading Below $0.5 Cryptonews 26 қар 2024

Is Stellar Going to Zero? XLM Drops 16%, Now Trading Below $0.5 📉

Stellar Lumens UN Franklin Templeton XLM Mastercard

Stellar Lumens (XLM) recently gained significant attention after receiving endorsements from major entities like MasterCard, Franklin Templeton, and the UN. Despite this positivity, XLM has encountered a dramatic price drop, declining by around 15.8% in the past 24 hours.

The sudden downturn has taken XLM’s trading value to $0.4314, casting doubt over its stability. Previously, XLM was on an upward trajectory, bolstered by the endorsements, which provided it with a solid boost in the market.

This correction follows predictions made by Cryptonews, suggesting that the market had possibly overextended in its optimism, leading to the sharp pullback. Investors and traders are now closely monitoring the situation to assess the crypto’s potential recovery or further decline.

Дереккөз: cryptonews.com ↗

Ұқсас мақалалар (34)

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