Can there be a bull run for XLM?

[hulla]

Burning token means decreasing total tokens in the circulation. it can be lower supply too.
But it doesnt mean, can make pump that tokens if there is no new buyer. supply is low but without demand, it would be useless

Generally, low supply and high demand increase price and vice versa.

Law of Supply and Demand

especially with the airdrop provided by XLM at Keybase making sales dominate the market,
and XLM seems to have decreased every month, this does not make XLM strong again it seems,

What i understand is that airdrop are done by project owners in other to gain more user base and to create an awareness about project listing on a exchange. So, the airdrop in subject was done as XLM listing promotion on blockchain wallet and most of the airdrop participants dump the coin asap.
I guess you're right when you said the airdrop dont make XLM strong.

[Landak]

Burning token means decreasing total tokens in the circulation. it can be lower supply too.
But it doesnt mean, can make pump that tokens if there is no new buyer. supply is low but without demand, it would be useless

Generally, low supply and high demand increase price and vice versa.

Law of Supply and Demand

Agree, in fact after burning, the price of xlm actually went down. means it is true that burn the token will not affect the price increase if the selling demand is higher than the buying demand. in the end it's like an uncertain hope.

[john_nautica]

XLM news is always thrilling cryptocurrency, but I think maybe we should try to continue to see how the development of XLM. because we do not depend on this coin, and although this XLM coin is in a good price position but we also need to try to do an analysis of this XLM coin

[albrots]

XLM is one of the best altcoins ever in this era.
I personally am not sure if xlm experiences bullrun itself unless there is a trigger from bitcoin for bullrun.
it is true that the current prices after they burned half the supply actually went down but this could be the beginning of its revival.

yes it can be said like that, XML became the best bitcoin in this era. I myself only have a few XLM in my wallet and waiting for the XLM bull run moment. But all depends on the price of BTC. Maybe XLM will surpass the highest price in 2017 when XLM reaches $ 0.9 and there are only a few to go up to $ 1.

[Ferris419]

Obviously, there will be a bull run into the Stellar coin too. XLM such an honest and high valued cryptocurrency and it has a large number of active supporters. Recently they burned almost 50Billion XLM, that means a huge boos up is waiting for it!  When the bitcoin bull run comes, Stellar's price will be boom like the previous bull run!

[suzanne5223]

Obviously, there will be a bull run into the Stellar coin too. XLM such an honest and high valued cryptocurrency and it has a large number of active supporters. Recently they burned almost 50Billion XLM, that means a huge boos up is waiting for it!  When the bitcoin bull run comes, Stellar's price will be boom like the previous bull run!

Yes, XLM will experience bull run when the halving effect take plz e but the last time i checked Xlm barely make a huge surge in price during the previous ATH but saying XLM had a large active supporters and the coins burned will be something to make the coin boost up in price is something i don't agree with.

[Pelunize12]

Burning token means decreasing total tokens in the circulation. it can be lower supply too.
But it doesnt mean, can make pump that tokens if there is no new buyer. supply is low but without demand, it would be useless

Generally, low supply and high demand increase price and vice versa.

Law of Supply and Demand

especially with the airdrop provided by XLM at Keybase making sales dominate the market,
and XLM seems to have decreased every month, this does not make XLM strong again it seems,

What i understand is that airdrop are done by project owners in other to gain more user base and to create an awareness about project listing on a exchange. So, the airdrop in subject was done as XLM listing promotion on blockchain wallet and most of the airdrop participants dump the coin asap.
I guess you're right when you said the airdrop dont make XLM strong.

Stellar burnt their tokens 55 Billions, and Stellar gave airdrop 2 Billions.
it means that stellar burning more than giving airdrop, so airdrop just give small/ temporary effect

The most important is, is there any demand for this coin? if yes, so it would be pump easier. vice versa

[styca]

The burn was huge and this should indeed set the coin up for a significant rise in price. However we need to take the overall market trend into account. The market sentiment at the moment points strongly to price drops, we are struggling to maintain support levels across all coins. I believe this downwards pressure across all coins is much stronger than any upwards pressure from XLM. It's all BTC at the moment, everything else follows.

[_IRMAN]

The most important is, is there any demand for this coin? if yes, so it would be pump easier. vice versa

Demand ? Of course there are many, only we need to be patient because of the large total supply, the price of XLM is a bit difficult to quickly go up

[matchi2011]

The burn was huge and this should indeed set the coin up for a significant rise in price. However we need to take the overall market trend into account. The market sentiment at the moment points strongly to price drops, we are struggling to maintain support levels across all coins. I believe this downwards pressure across all coins is much stronger than any upwards pressure from XLM. It's all BTC at the moment, everything else follows.

Whatever extent the team is trying to bring to lift the project but if the market pressure still in the downward trend there's nothing to expect but it will also move according to the situations. XLM is one of those many potential project you need to have enough patience and courage when investing to this market. It will take some time before the market will bounce back and rise huge again.

[Pelunize12]

The most important is, is there any demand for this coin? if yes, so it would be pump easier. vice versa

Demand ? Of course there are many, only we need to be patient because of the large total supply, the price of XLM is a bit difficult to quickly go up

unfortunatelly, at this time bear more dominant than bull, so the price goes down
it means demand isnt strong enough to hold price
to make bull, it needs something big, such as news, development, or anything

[leea-1334]

So funny to see a lot of people talking about XLM as if they even really have it in their wallets.

I like XLM, I always have,,, even had the chance to participate in the airdrops but then I did not have much at the time and believed the hassle to be too big, but I continue to see this coin as one of the ones that will for sure survive when the crypto markets rebound.

[Natalim]

So funny to see a lot of people talking about XLM as if they even really have it in their wallets.

I like XLM, I always have,,, even had the chance to participate in the airdrops but then I did not have much at the time and believed the hassle to be too big, but I continue to see this coin as one of the ones that will for sure survive when the crypto markets rebound.

Any coins that survive until now has a big chance of getting a success when the market rebound.
XLM did survive until now because it never loss its volume, it still has a decent volume and its still holding a profitable price although there's a drop.

We don't know what would happen when it rebound but since it cut half of its supply it might reach 1 usd as its new ATH. 

[DonFacundo]

I expect XLM will increase more after they burned billions of XLM, but it was just temporary and it was slowly went down. I guess burning coins is just temporary increase, but XLM will pump if the market is bull.

[iv4n]

I expect XLM will increase more after they burned billions of XLM, but it was just temporary and it was slowly went down. I guess burning coins is just temporary increase, but XLM will pump if the market is bull.

Burning billions of coins draw attention on stellar, but is that enough for the price to rise? I don't think so, they will need to come up with something more then just burning coins. Stellar is a good project, its still being developed, once they finish with that we can see price rise, until then I don't expect nothing from stellar. What is good about stellar is that ath was just a dollar, so we will see will they be able to bounce back to dollars first and later to make some new ath.

[red4slash]

I expect XLM will increase more after they burned billions of XLM, but it was just temporary and it was slowly went down. I guess burning coins is just temporary increase, but XLM will pump if the market is bull.

Burning billions of coins draw attention on stellar, but is that enough for the price to rise? I don't think so, they will need to come up with something more then just burning coins. Stellar is a good project, its still being developed, once they finish with that we can see price rise, until then I don't expect nothing from stellar. What is good about stellar is that ath was just a dollar, so we will see will they be able to bounce back to dollars first and later to make some new ath.

if they do something that makes people glance at it then the bullrun can happen, the supply has been successfully reduced only those interested in the market must increase, it is the developer's job to get people interested

[Pearls Before Swine]

They burned *50 BILLION* coins, which should tell you that there are way too many in circulation to begin with.  There are still 20 billion coins at present, which is over 1000x the number of bitcoin and how can anyone expect a coin to hold its value with that many floating around?

Interestingly, Stellar's price has gone up in terms of bitcoin and remains up, even tho its fiat value has dropped.  That's to be expected since bitcoin has dropped significantly in the last 48 hours, but perhaps the burn did have a long lasting positive effect.  But it hasn't even been a month yet, so it remains to be seen.  I don't have an interest in xlm myself and consider it a shit coin, but I will continue to watch it.

Burning billions of coins draw attention on stellar, but is that enough for the price to rise? I don't think so, they will need to come up with something more then just burning coins.

I don't think so either, and it reminds me of companies buying back their own stock in order to increase their P/E and ultimately the stock price.  It's an artificial means to do so and doesn't mean the company has any more fundamental value than it did before the buyback.  The same thing is true for xlm in my opinion.  The burn was a short term Band Aid for the coin, but that's about it.

[BartS]

Was reading new and came across this article by coin telegram.

What is your call? Will there be a XLM bull run?

Investors really need to stop thinking about a bull run appearing anytime soon especially when it comes to altcoins, stellar has been making the news lately and while there was a slight increase in the price of its coin for a few days now it is going down just like any other coin, investors are not really taking any risks they are either investing in bitcoin or they are getting out of the market and getting fiat in return, altcoins are receiving no attention and no one can blame investors when you see the performance of altcoins during the last years.

A lot are losing hope for the altcoins. But I am not. For as long as the altcoins that I am holding continue to be working well and are gaining more partners in the process, I am not afraid. The market in general is neither great as well so it is expected that the altcoins will also be slow in growth. But this is not necessarily their state in terms of adoption and development.

This is not really about hope this is simply about recognizing what it is happening, the market does not seem like it is going to go up for some time and without it an altcoin season is impossible.

Now if you are comfortable holding your altcoins since you believe in them there is nothing wrong with that and if anything you could take advantage of the low prices we have but a recovery is out of the question for altcoins at least during the next months.

[btc78]

The most important is, is there any demand for this coin? if yes, so it would be pump easier. vice versa

Demand ? Of course there are many, only we need to be patient because of the large total supply, the price of XLM is a bit difficult to quickly go up

that is a hard thing about XLM(stellar) because of too big volume and lesser demand,i think they should have Burnt more at least another 10 billion or 15 so the circulating supply will be more lessen.with this i am sure there are many investors that may enter as supply is one big factor on why a currency will pump easier and so as dumping.