With 10% drop in price, Stellar (XLM) appears as one of the most damaged crypto assets of the week stellar $xlm
Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of U.Today. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.Stellar's Lumens, or XLM token, is currently at the bottom of the five-most-affected cryptocurrencies for the week.
That XLM could be considered a security follows from leaked correspondence from a large investment fund, Grayscale Investments, to employees. Although the fund did not officially comment, such a state of affairs would not be surprising. left Ripple over dissatisfaction with too much centralization there and founded Stellar, but Stellar is not so decentralized either.XLM is currently trading at $0.108 per token, 85% below its all-time high. At the same time, interestingly, the token for the last most severe four months was not particularly volatile and did not fall below $0.98 per XLM.
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