Stellar: holding grounds while all other assets going down?

[_Cryptobomb_]

So, Stellar now supported on BitOasis -one of the cryptocurrency exchanges in a Middle East; the trading has began with 0% trading fee until November 27. That looks very promising for Stellar investors. Also, a good sign that even when everything is falling, Stellar holding grounds.
Like many other cryptos, Stellar hits the lowest this week and was traded at below $0.19. But Stellar has resumed the bullish trend. The 200 SMA on the same range will limit movement at $0.21. A growth above $0.25 is expected.

Also, The SDF (Stellar Development Foundation) is about to release of their own decentralized trading platform (SDEX). The exchange is rumored to be launched next month, and they have already announced plans to make changes to the core protocol.

How, you guys think it will influence the market?

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[WalkerIVIV]

So, Stellar now supported on BitOasis -one of the cryptocurrency exchanges in a Middle East; the trading has began with 0% trading fee until November 27. That looks very promising for Stellar investors. Also, a good sign that even when everything is falling, Stellar holding grounds.
Like many other cryptos, Stellar hits the lowest this week and was traded at below $0.19. But Stellar has resumed the bullish trend. The 200 SMA on the same range will limit movement at $0.21. A growth above $0.25 is expected.

Also, The SDF (Stellar Development Foundation) is about to release of their own decentralized trading platform (SDEX). The exchange is rumored to be launched next month, and they have already announced plans to make changes to the core protocol.

How, you guys think it will influence the market?

It will not. Stellar will not give anything to the market. But you should remember not only stellar that still hold its ground but as far as i know ripple was doing the same thing as stellar too. I suggest you not over rated about anycoin. Anytime that can goes down whatever how good the development is.

[eagleman]

Not so fast to see the effect of it.
Though Stellar is a good coin to hold, there are many good things that are happening with this coin.Blockchain.com is even having its airdrop but it requires KYC.

[dinoloverpete]

Stellar is still down over 20% in about the period since bitcoin went from 6000 to 4500. That's not doing that much better than bitcoin and there are many alt-coins that have done better over that period. Albeit not too many high market cap coins. 0% exchanges tend to lead to a lot of manipulation and wash orders so they're not necessarily a good thing.

[Lighthouze]

Like Stellar, Ripple did the same thing, holding it ground until the whales gave up salvaging it and the market did its thing on it. It just goes to show no coin is immune to these vagaries of weather in crypto. This is the time when good news about a project doesn't have significant effect on the coin, simply because the market in a state of depression.

[TwSeventh]

Stellar is still down over 20% in about the period since bitcoin went from 6000 to 4500. That's not doing that much better than bitcoin and there are many alt-coins that have done better over that period. Albeit not too many high market cap coins. 0% exchanges tend to lead to a lot of manipulation and wash orders so they're not necessarily a good thing.

Yes, it is still going down for more than 20% or even 50% from its peak, but do not you realize that most of alts right now are going down for more than 80%.
that means Stellar is holding its ground pretty nicely compared to any cryptocurrency.

and today some project started to make their startup on stellar blockchain, plus the rumour about its decentralization exchange. I believe next year it will be fun for Stellar.

[georgemamat]

The price of the XLM has risen recently, but it was affected by the drop in the price of Bitcoin. I think XLM will be in much better places in the future.

[dinoloverpete]

Stellar is still down over 20% in about the period since bitcoin went from 6000 to 4500. That's not doing that much better than bitcoin and there are many alt-coins that have done better over that period. Albeit not too many high market cap coins. 0% exchanges tend to lead to a lot of manipulation and wash orders so they're not necessarily a good thing.

Yes, it is still going down for more than 20% or even 50% from its peak, but do not you realize that most of alts right now are going down for more than 80%.
that means Stellar is holding its ground pretty nicely compared to any cryptocurrency.

and today some project started to make their startup on stellar blockchain, plus the rumour about its decentralization exchange. I believe next year it will be fun for Stellar.

BTC - All time high - 19144, current - 4281 - % change = -77%

ETH - ATH - 1389, current - 120 - % change = - 91%

XRP - ATH - 3.56, current - 0.40 - % change = -88%

EOS - ATH - 21.46, current - 3.52 - % change = -83%

XLM - ATH - 0.85, current - 0.17 - % change = -80%

So XLM hasn't really been performing all that well since the bubble burst when comparing to the other top coins (I excluded BCH because of recent fork and all data was from coinmarketcap, except the calculations were of my own.)

[Gershonxer]

Stellar is about 80% down from its previous all time high. Its been somewhat stable during this period. Stellar is one hell of a coin one should watch out for when the market goes green again. Apart from its major partnerships from big companies such as IBM and also airdrop from blockchain wallet, this will be huge for stellar

[Aragorn_125]

So, Stellar now supported on BitOasis -one of the cryptocurrency exchanges in a Middle East; the trading has began with 0% trading fee until November 27. That looks very promising for Stellar investors. Also, a good sign that even when everything is falling, Stellar holding grounds.
Like many other cryptos, Stellar hits the lowest this week and was traded at below $0.19. But Stellar has resumed the bullish trend. The 200 SMA on the same range will limit movement at $0.21. A growth above $0.25 is expected.

Also, The SDF (Stellar Development Foundation) is about to release of their own decentralized trading platform (SDEX). The exchange is rumored to be launched next month, and they have already announced plans to make changes to the core protocol.

How, you guys think it will influence the market?

The implementation of some ideas now looks like some kind of unreal event. Therefore, I think they will move the deadlines for launching the platform, but even so, the stellar will not jump over its head and in principle will remain at the level of 1-2 dollars.

[prabakharras]

anybody can just guess why XLM and XRP held ground better
https://www.coingecko.com/en/coins/stellar
https://www.coingecko.com/en/coins/ripple

[YuginKadoya]

We can see that Ripple overtakes ETH base on the Coinmarketcap status and right now that the price is all down all coins are hanging in the balance, Maybe we can see Stellar really overtakes all other coins in the market and right now it is in the number 5th spot, And base on Nick Core's speculation it might even outperform XRP and Ethereum (ETH) because the following drop of $120 USD is inevitable said Core and stated that its better to look for centralized coins as a company and not just cryptocurrency and even though there are large movement in the market the two coins stayed unaffected,

Well, I don't really like centralized coins but for me, it is still cryptocurrency and getting involved a bit would surely not gonna hurt us if we can invest a little on these centralized coins.

[Cacingkemi]

As people say XLM is a centralized crypto that does't want to benefit for it,first I see that there is such writing on the official site.Until now the growth has increased rapidly whether it has from where the company is funds but this evidence is strong from around 400 sats now to 4K sats.How is the development of ALT so good from year to year,moreover often making airdrop or putting aside new competition from where the funds are so large in this ALT imo has anyone ever realized something similar with me? Holding the ground while all the assets going drop are equally questionable by us but crypto is centrally favored with stability of value.

[Monetran]

Everyone here is missing the point when it comes to Stellar lumen. They are utility tokens. They exist mainly to make the Stellar network function because every operation undertaken on the network is charged a minimal amount of lumen. They are also indispensable in converting one currency to another. Stellar is a non-profit organization which allows for-profit projects to participate by building on the Stellar network. Owning lumen does not equate to owning a piece of Stellar.

Lumen, in fact, number in the billions and there is an automatic inflation feature which adds to the number in circulation.

Stellar is a great organization with a cutting edge technology behind its network. I feel certain that the future of internet commerce lies in companies who build on Stellar. They enable faster, cheaper, scalable transactions compared to other distributed ledgers.

Stellar is a great company. Investing in lumen is not a great idea.

Speculation is another story. Gamble away.

[maldini]

Stellar is still down over 20% in about the period since bitcoin went from 6000 to 4500. That's not doing that much better than bitcoin and there are many alt-coins that have done better over that period. Albeit not too many high market cap coins. 0% exchanges tend to lead to a lot of manipulation and wash orders so they're not necessarily a good thing.

Indeed, all trend coins are now down, but I think only Stellar can make high and fast reflections, when compared to other coins and with the current downtrend, only Stellar moves quickly, this is what traders like, especially they hear good news this, maybe stellar's next month will be pumped high

[demenBTC]

Not so fast to see the effect of it.
Though Stellar is a good coin to hold, there are many good things that are happening with this coin.Blockchain.com is even having its airdrop but it requires KYC.

right, air drops are now being distributed, this step aims to increase access in the global network, Stellar coins are quite strong in current market conditions, and this means Stellar has a pretty good future to invest in

[dinoloverpete]

Stellar is still down over 20% in about the period since bitcoin went from 6000 to 4500. That's not doing that much better than bitcoin and there are many alt-coins that have done better over that period. Albeit not too many high market cap coins. 0% exchanges tend to lead to a lot of manipulation and wash orders so they're not necessarily a good thing.

Indeed, all trend coins are now down, but I think only Stellar can make high and fast reflections, when compared to other coins and with the current downtrend, only Stellar moves quickly, this is what traders like, especially they hear good news this, maybe stellar's next month will be pumped high

All coins move quickly, it's crypto. There are a lot of coins that are fighting to be the most use platform for dapps and smart contracts. But at the end of the day only 1 or maybe 2 are needed so XLM could quickly be made redundant by new and upcoming blockchains.

[Tipsters]

Stellar is still down over 20% in about the period since bitcoin went from 6000 to 4500. That's not doing that much better than bitcoin and there are many alt-coins that have done better over that period. Albeit not too many high market cap coins. 0% exchanges tend to lead to a lot of manipulation and wash orders so they're not necessarily a good thing.

Yes, it is still going down for more than 20% or even 50% from its peak, but do not you realize that most of alts right now are going down for more than 80%.
that means Stellar is holding its ground pretty nicely compared to any cryptocurrency.

and today some project started to make their startup on stellar blockchain, plus the rumour about its decentralization exchange. I believe next year it will be fun for Stellar.

BTC - All time high - 19144, current - 4281 - % change = -77%

ETH - ATH - 1389, current - 120 - % change = - 91%

XRP - ATH - 3.56, current - 0.40 - % change = -88%

EOS - ATH - 21.46, current - 3.52 - % change = -83%

XLM - ATH - 0.85, current - 0.17 - % change = -80%

So XLM hasn't really been performing all that well since the bubble burst when comparing to the other top coins (I excluded BCH because of recent fork and all data was from coinmarketcap, except the calculations were of my own.)

Good analysis. One of the strong tokens out there is definitely XLM given the take over to EOS recently given the bear market. It has great plans and a good  competitor to XRP in the fintech world. For the analysis above it has more room for profit for the investors seeking for undervalued tokens.
Though I like EOS here overall as it hit the ATH after the hype for all crypto so how high can it go if we return to that same hype again though impossible but who knows.

[kryptqnick]

So, Stellar now supported on BitOasis -one of the cryptocurrency exchanges in a Middle East; the trading has began with 0% trading fee until November 27. That looks very promising for Stellar investors. Also, a good sign that even when everything is falling, Stellar holding grounds.

It will not. Stellar will not give anything to the market. But you should remember not only stellar that still hold its ground but as far as i know ripple was doing the same thing as stellar too. I suggest you not over rated about anycoin. Anytime that can goes down whatever how good the development is.

Whenever some good news about a top cryptocurrency appear, it gives hope. Yes, usually there is no positive impact on the prices, but at least this allows to see that the market is moving somewhere, that cryptocurrencies are not forgotten and are in fact largely supported even these days. Stellar is staying strong, but the recent market bleeding got it as well, unfortunately. It's very important for companies to keep looking into the market and support it now. The situation doesn't look very good. If cryptos keep dropping like that, the majority will probably give up and sell everything.

[georgemamat]

XLM had a beautiful air. The Blockchain wallet was a good campaign. But the hard fall in the Bitcoin price has turned everything upside down. I fell constantly while waiting for the rise.