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Can Stellar Price Hit $1 in December? Coingape 03 dez 2024

Can Stellar Price Hit $1 in December? 💹

Stellar XLM CoinGape Ripple

Stellar, a cryptocurrency initiated by a Ripple co-founder, experienced a remarkable surge of over 450% during the ongoing crypto bull run. Enthusiasm around XLM's performance is tempered by recent signs of rally exhaustion, with its price stalling short of the $1 milestone.

Despite the slowdown, analysts are hopeful about its future prospects, particularly with the onset of the altcoin season, which traditionally sees increased interest and investment in alternative cryptocurrencies.

The analysis of Stellar's recent performance indicates potential for further growth, driven by both market dynamics and emerging trends in the cryptocurrency sector.

Fonte: coingape.com ↗

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