STELLAR JUMPED MORE THAN 15% WITHIN A DAY

Updated: 03/11/2019 15:41
Reprints/Permissions  Hyip Monitor
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Stellar cryptocurrency goes 15% up during past 24 hours due to conference with the participation of the co-owner of Stellar Development Foundation
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Stellar cryptocurrency goes 15% up during past 24 hours due to conference with the participation of the co-owner of Stellar Development Foundation

Stellar cryptocurrency (XLM) started the week of explosive growth, rising in price over the past 24 hours by more than 15%.

On Monday, March 11th, this coin has become the growth leader among the top ten coins, even ahead of Binance Coin, which went around most of the largest altcoins by capitalization last week.

Now XLM is trading at $0.102, the market capitalization of the asset exceeds $1.966 billion, and the daily trading volume of coins is $252.113 million. Stellar is located on the ninth line of the largest cryptocurrency rating.

The seventh position is held by Binance Coin, which is currently declining in value; the capitalization of this asset is about $2.023 billion.

The rise in the cost of XLM analysts attributed to the upcoming conference, where the co-founder of the Stellar Development Foundation, Jed Mccaleb, will take part.

At the same conference, which will be held in the near future, IBM Vice President Jesse Lund will be present, so it is possible that the Stellar developers will sign a partnership agreement with a corporation that has an increased interest in blockchain technologies.

The conference will be held by a popular resource Money 20/20 on March 19-21. Many analysts agree that if the partnership agreement between IBM and the Stellar team is really signed, the developers of cryptocurrency will receive lucrative contracts to launch new products, which naturally will increase the popularity of the digital asset XLM further on.


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