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Stellar (XLM) Leads the Altcoin Overnight Bullish Rally

Published 20/07/2023, 16:53
Stellar (XLM) Leads the Altcoin Overnight Bullish Rally
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  • XLM leads the cryptocurrency market after a massive surge within the last 24 hours.
  • Altcoins like MATIC, XRP, and SOL also reported significant gains in their prices.
  • Major cryptocurrencies like Bitcoin and Ethereum maintain a decent hold over their value.

Stellar (XLM) has seen a surge in the price of its token following the court’s decision in the U.S. Securities and Exchange Commission and Ripple’s case. Altcoins led the rally, posting massive gains over the past 24 hours.

This sudden surge in price seems to have caught a lot of people by surprise, including Michael Van de Pope. The popular crypto trader hinted through a tweet that XLM could fall to $0.14 and then surge.

XLM price saw a massive increase in its value between Wednesday and Thursday. Even though the token has shed some of its gains, it is still trading at $0.1649, an 18% increase in the last 24 hours.

Additionally, the token has also recorded a boom in its trade volume. In the last 24 hours, XLM has recorded over $1.2 billion in trade volume, a 279% increase in the 24 hours, data from CoinMarketCap reveals. Likewise, its market cap has also increased, growing by 19% to sit at $4.5 b…

The post Stellar (XLM) Leads the Altcoin Overnight Bullish Rally appeared first on Coin Edition.

The post Stellar (XLM) Leads the Altcoin Overnight Bullish Rally appeared first on Coin Edition.

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