Stellar Lumens (XLM) - The most boring coin out there.

Stellar Lumens (XLM) - The most boring coin out there.

By Arkemmus | Arkemmus' Blog | 19 Mar 2021


Among the top coins, there is one that always comes unnoticed.
Stellar Lumens (XLM) is maybe the most boring cryptocoin project out there, at least among the top 25.

 

It lacks almost anything: it is neither as exciting as Polkadot or BNB nor controversial as Ripple or Tether. It is...nothing. People rarely talk about it on any media. No pump, no dump, nothing whatsoever...

 

There are no meaningful news or updates about XLM, except that Stellar foundation bought a company in Nigeria.
If you look for new posts on stellar different blogs, you can find just 2 articles since the beginning of March.

If you type "Stellar" or "XLM" in the search bar here on publish0x, you can find very few articles in recent times. Anyway, I couldn't find anything meaningful besides a comparison between Ripple and Stellar.
Does this mean that publish0x writers are lazy? Not at all! That just means that you cannot write so much about XLM...


In general, Stellar developers seem to move very slowly and they are late in their roadmap  (which is also quite vague, to be honest).

 

XLM's price mirrors this stillness.
Take a look at the chart below, for example:

 

 

dfbaaf2f05169139c0ea4bb2f340119ee8be014ad1ad360bebff414fe056d586.png

 

XLM price went from 0.39$ to 0.40$ in a week!
Basically, more stable than stablecoins.

In less than a month, XLM went from 10th to 13th on CoinMarketCap. It is the only top 25 coin that has not increased its market cap. It has been bearing in a bull market! ( Stablecoins don't matter, of course.)

 


I think if XLM keeps on going this way, it will be pushed away from the top 20.

 

Stellar Lumen looks like the kind of project which only lives on its past (which has never been so glorious, by the way).

Only nuts and insane people can still hold this coin!

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Arkemmus
Arkemmus

Strong cryptocurrency lover, I have a lot of experience in this niche.


Arkemmus' Blog
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