Stellar [XLM] Price Analysis; Project Registers Over One Million Active Users In Two Months

2018-12-3 17:36

Stellar keeps on growing by the day. Although the coin’s price and market capitalization might not show it right now, the project has come a long way. In less than four years, the project has grown its user base from 0 to over 2 million according to an official announcement by the team.

According to the project’s official Reddit account, the project has successfully registered more than 1 million active users on the platform in the last 2 months. This marks a 100% growth in the last 2 months. After initially releasing in 2015, the project took more than 3 years to get a million active users, but in 2 months has successfully doubled that number. Could this signal some great things to come out of the project?

Before thinking that the project is on the verge of something big, let’s not forget that Blockchain.com wallet recently announced a Stellar airdrop. For many of the users who’ve come on board the project, their primary after the reward- which is the largest airdrop in the history of cryptocurrencies. This means that soon after the airdrop, the number will definitely be dropping unless the project can come up with a way to keep them onboard.

XLM Price Analysis

Stellar XLM could definitely do with some good news as the coin begins the week on a downward trend. The coin has today followed the wider market drop that has seen major coins slip. Bitcoin, for instance, is hanging on the $4,000 mark with a 3% drop coming in the last 24 hours. Stellar is at the time of press down by 5%. Stellar XLM is now trading for $0.156316 with a market cap of $2,994,149,341 making it the fourth largest cryptocurrency.

In the last four weeks, Stellar has taken a dramatic turn for the worse following a market sell-off. Stellar has dropped from highs of $0.28 to lows of $0.14. At the beginning of December, the coin was able to bounce back up and climb above $0.16 but was met with resistance.

In the coming days, the coin will try and capitalize on the high activity level in the project to push XLM high. This will, however, be contingent to the wider market finding some momentum and staying green. The bulls will be looking to get above the $0.20 position fast but will have to first get above $0.16 where the coin is currently struggling to get above.

The post Stellar [XLM] Price Analysis; Project Registers Over One Million Active Users In Two Months appeared first on ZyCrypto.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Hive Project (HVN) íà Currencies.ru

$ 0.0045874 (-2.13%)
Îáúåì 24H $10.918k
Èçìåíåèÿ 24h: -5.90 %, 7d: -1.60 %
Cåãîäíÿ L: $0.0045874 - H: $0.0045874
Êàïèòàëèçàöèÿ $1.882m Rank 999999
Öåíà â ÷àñ íîâîñòè $ 0.0087742 (-47.72%)

project million stellar price according months active

project million → Ðåçóëüòàòîâ: 126


Ex-Ethereum developer calls OpenAI founder’s Worldcoin project ‘unrealistic and scary’

Piggybacking off the success of OpenAI’s ChatGPT, its founder Sam Altman is reportedly close to snagging $100 million in funding for his crypto project Worldcoin. The project had already raised $100 million at a valuation of $3 billion last year from marquee investors including Andreessen Horowitz and the venture capital arm of Coinbase.

2023-5-17 17:00


XYO And FedEx Partner For Blockchain Location Technology Project, Just In Time for Holiday Shopping

XYO And FedEx Partner Up For Location Technology Progress, Just In Time For Holiday Shopping There are few other companies that have the performance and the widespread attention that FedEx has. FedEx is responsible for employing nearly half a million workers all over the world and doesn’t miss a deadline without a natural disaster or […]

2018-12-1 05:49


Tron is Giving Out $1 Million to Cryptocurrency Developers

Ahead of the Tron summit dubbed “niTron”, Tron foundation is throwing out a total of $1 million to Tron developers via the TronAccelerator. TronAccelerator is intended to empower developers around the world by creating a platform that enables them to build a decentralized project of their choice (dApp) whilst taking advantage of Tron’s protocol.

2018-11-17 15:11


Ôîòî:

Bitfury Acquires Minority Stake in Final Frontier, Aims To Expand Services

The Bitfury Group has acquired a minority stake in blockchain services firm Final Frontier. Both organizations are looking to utilize each other’s knowledge and experience in the traditional and digital finance spaces to potentially release a new line of financial products and services designed to assist professional investors in getting their hands on digital assets.

2018-11-14 00:53


OriginTrail (TRAC) Takes Part in EUR 20 Million Digital Transformation Project for the European Agri-Food Sector

Blockchain technology is becoming part of a large-scale EU-funded project, intended to boost the digital transformation of the European… The post OriginTrail (TRAC) Takes Part in EUR 20 Million Digital Transformation Project for the European Agri-Food Sector appeared first on Invest In Blockchain.

2018-11-8 10:01


Ôîòî:

NEO Details the Process of Becoming a Consensus Node on Its Network

The NEO public blockchain project backs NEO, the 15th largest cryptocurrency in the world. It has two distinctive tokens, NEO (NEO) and NEOGas (GAS). Of these two, NEO has 100 million tokens of which 50 million have been distributed to supporters while the other 50 percent is managed by the NEO Council to support the […] NEO Details the Process of Becoming a Consensus Node on Its Network was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-11-6 22:59


Destream And Axeso5 To Forever Change Streaming Industry Via Blockchain Lowering Fee Costs

A successful Partnership agreement announced by DeStream and Axeso5 should help in implementation of a decentralized financial ecosystem that will cut down the cost of streaming. This project is supposed to be marketed to large number of active gamers comprising of more than 14 million on Axeso5 platform which is also used by at least […]

2018-11-5 09:15


Algorand Blockchain and Crypto Project Inks $62 Million Dollar Investment

The next-gen blockchain and altcoin that was purpose-built to enhance modern businesses, Algorand, has just announced that it has secured a sizeable 62-million-dollar investment. Besides acquiring this substantial equity, the firm also added new senior executives to its board from some of the leading technology brands in the world. Among the new additions include Steve […]

2018-10-25 23:10


[VIDEO] Top Blockchain and Cryptocurrency Highlight News For Today October 22nd

Professional Tennis Player Caroline Wozniacki Launches Cryptocurrency with GCOX Partnership Professional Tennis Player Caroline Wozniacki Launches Cryptocurrency With GCOX Partnership Michael Clarke's Crypto Project Global Tech Exchange Ends ICO After $50 Million Fundraising Attempt Michael Clarke's Crypto Project Global Tech Exchange Ends ICO After $50 Million Fundraising Attempt Fundstrat's Thomas Lee Says $25,000 BTC Price […]

2018-10-23 06:42