Connect with us


Stellar Lumens [XLM] in a win-win situation all along?

Sthuthie Murthy



Stellar Lumens [XLM] in a win-win situation all along?
Source: Flickr

Earlier this week in New York, Kik gathered up the strongest believers in its plan to create a new revenue model for services online using its Kin token. The team has been working relentlessly for a long time to get things right and they have been successful as well. The XLM token is one of the most stable currencies as claimed by analysts and has managed to stay in the top 10 ever since.

Another lesser known fact about XLM is it is one of the least distributed cryptocurrency assets in terms of percentage vs inflation-adjusted supply among the big ones. The technical team has been up to date with the necessary upgrades and adoptions to keep the network going smooth. In a recent Ask Me Anything [AMA] session in a subreddit platform which was hosted together by Stellar’s team and the Kin Foundation, they discussed in detail about the existing partnerships and future plans highlighting the Atomic Swap on Stellar.

Jonas Baewert, a Twitterati says:

“People are scared of the high total supply. Burn 50bil tokens. Then we’ll be talking!”

Stellar Lumens [XLM] is currently trading at $0.28/USD. When observed, Stellar has been pretty quick in a majority of the recoveries from market crashes and FUDs. The coin is slowly pacing up after a week with almost 40% gain in trading volume.

Apart from being listed on top exchanges like Upbit, Binance, Poloneix, and Bittrex, XLM was recently listed on Coindirect and Buybit.

A Leadership event is scheduled on April 19th in San Francisco, California where Jed McCaleb, the Founder of Stellar will discuss and reveal the future of Stellar, outlining the road ahead along with his journey as the Founder.

Richard Cooney, a Stellar enthusiast says:

“I love how there’s no drama on XLM. It just hides in the corner waiting for its turn to bust out and shine.”

Follow us on Telegram | Twitter | Facebook

Sthuthie Murthy is a full-time reporter at AMBCrypto. She has been researching and writing about the Blockchain technology for a year now. Her passion for blockchain has led her to be a part of AMBCrypto's news reporting team. She does not hold value in any cryptocurrencies currently.



Subscribe to AMBCrypto's Newsletter