Why is XLM so out of flavour?

[styca]

I don't think the reason is anything to do with the worth of the project. The same is true for other top alts that have fallen just as far. It's just that bitcoin is outpacing all the alts in this recovery, and has been since it started.

[1714207771]

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[1714207771]

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[beerlover]

It is not just about xlm, almost all altcoins went down, if you checked the market the price of many altcoins went down in bitcoin price and some of them even dropped in dollars so it was common. Plus that 25 dollars per address type of deal in blockchain.com didn't help at all, there was thousands of dollars just flying around for free without a charge and nobody could have given XLM a better reason to fall.

When prices of other things went up people just spent that 25 bucks on their accounts to buy more stuff or do whatever and right now XLM is basically dumped because all those free coins were sold at around the same time period. I am sure all of them will be recovered soon, eventually bitcoin rally will end and XLM will worth more once again but meantime, try to be patient about it for a while.

[sri.bima]

Does Stellar (XLM) still make airdrop like a few months ago? What is the real purpose of stellar airdrop? I think giving coins for free is very influential on prices. Because getting coins for free will not save the coin too long and of course it will be sold immediately.

[Farul]

Stellar is pure shitcoin, as I remember, Stellar(XLM) is the fork of XRP before right? Since I don't like XRP and I believe that XRP is also a shitcoin.
There's a lot of shitcoin now that has still huge market cap, most of them are just pumps and dumps, manipulation at its finest, even XRP and Stellar.
Becareful holding these kind of coins, especially Steller(XLM).

Yeah, XRP, And XLM System Are Still Trust-Reliance, And Its Kinda Centralized.
And Yeah, XRP Price Can Be Heavily Manipulated By Ripple Labs, Since Ripple Labs Hold And OWN ~60% Of Total Supply.
Unreleased XLM Was Held By SDF (~70% Of Total Supply) And Most Of It Was Intended To Be Spread To As Much People As Possible. They Can Still Manipulate Price Though.
XLM Is Pretty Good At Transferring Little Amount Between Exchange, Since Fast+Low Fee Transaction.
Edit :

Does Stellar (XLM) still make airdrop like a few months ago? What is the real purpose of stellar airdrop? I think giving coins for free is very influential on prices. Because getting coins for free will not save the coin too long and of course it will be sold immediately.

Yes.
Most Of XLM That Reserved By SDF(Stellar Development Foundation) Are Purposed For Airdrop.
The Mission Of Stellar Is To Reach As Much People As It Can. So They Airdrop it.

[Mikcik]

Not only XLM, even XRP compared to the beginning of this year only grew 2%. A small number compared to the current bull market and don't worry, invest in these altcoin and be patient. Success will come to you soon

[bitgolden]

Recently, the markets have made a good high and BTC was able to assert it dominance on the market with a 60%+ holding in the entire marketcap. I have also been a believer in the tech behind Stellar and hold a considerable number of Stellar Lumens (XLM) and other products built on the Lumens protocol. But XLM has not taken part in the recent rally. Also, it was badly hammered in the correction that has been going on for the past 24+ hours. Can anyone point to me the reasons behind the fall in XLM. Are the developers abandoning the project? What is going on in Stellar?

Don’t worry, it’s time has not come yet, the fact it is not following this rally is not enough to judge that it is not being favored, bitcoin is still the main dominance, and not all the altcoins that we see are following bitcoin in the rally, is  stellar still not performing good for retaining its top position amongst thousands of projects that we have, other coins you see jumping along with bitcoin now are just being pumped artificially, and it won’t be long that they will get dumped too.

Just keep holding on to stealer, and as you grow with it overtime, you will not regret you stay with them, now that their price is even still very low, best time to buy more of it, because these type will definitely moon so high in the next altcoins bull run that will be coming in between bitcoin bull.

[TheClownSong]

Recently, the markets have made a good high and BTC was able to assert it dominance on the market with a 60%+ holding in the entire marketcap. I have also been a believer in the tech behind Stellar and hold a considerable number of Stellar Lumens (XLM) and other products built on the Lumens protocol. But XLM has not taken part in the recent rally. Also, it was badly hammered in the correction that has been going on for the past 24+ hours. Can anyone point to me the reasons behind the fall in XLM. Are the developers abandoning the project? What is going on in Stellar?

Maybe what happened to Stellar at this time was because of the depressed bitcoin strength. If the strengthening of bitcoin is held up or the price starts to stabilize, I think the price of Stellar will rise following the movement of the price of bitcoin.

[g.m.tyshenk]

Recently, the markets have made a good high and BTC was able to assert it dominance on the market with a 60%+ holding in the entire marketcap. I have also been a believer in the tech behind Stellar and hold a considerable number of Stellar Lumens (XLM) and other products built on the Lumens protocol. But XLM has not taken part in the recent rally. Also, it was badly hammered in the correction that has been going on for the past 24+ hours. Can anyone point to me the reasons behind the fall in XLM. Are the developers abandoning the project? What is going on in Stellar?

Stellar network is still growing with many new developments.  For example, in March 2019 Germany's first Bafin approved security token called Bitbond will make quarterly  payouts to its security token  investors holding its BB1 token in Stellar Lumens.  The Bitbond cryptobond has huge growth potential and this will increase awareness and demand for XLM tokens.  Its the ongoing growth of the Stellar network that will eventually be realized by smart crypto investors.

[ice18]

Stellar is pure shitcoin, as I remember, Stellar(XLM) is the fork of XRP before right? Since I don't like XRP and I believe that XRP is also a shitcoin.
There's a lot of shitcoin now that has still huge market cap, most of them are just pumps and dumps, manipulation at its finest, even XRP and Stellar.
Becareful holding these kind of coins, especially Steller(XLM).

Really shitcoin? I beg to disagree in your statement Im following stellar developments since  from the start it was announced in this forum the creator of XRP is also the creator of XLM if Im not mistaken Jed Mcleb, stellar has too many big partnerships one is from IBM, Do you know IBM? You think this tech giant company will took partnership with a shitcoin? You can see some other big partners here if you dont know. https://cryptobriefing.com/5-stellar-partnerships-that-explain-xlm-escape-velocity/

[ElmedoRator]

Did you know that in 2014 I sold 100000 Stellar for only $ 200, Stellar (xml) has grown to become the leading currency. Don't worry, (xml) has a very good blockchain platform, I believe its value will increase, you need to be patient

[Yudhisthir]

XLM mostly missed the shot. Even it's newer competitor are way ahead of it now. EOS and Tron has made rapid progress while NEM is also a popular option.
I don't exactly know where the XLM team went wrong but the hassle in operating their wallet could be one of the reason for it.

[Malam90]

What has caused price fall of stellar coin. Stellar is one of my favourite coins and to be exact I have invested in the coin. So it is obviously that my attention will be drawn to the performance of the coin. Concerning its price, sometimes price of a coin may go up or down without any reasons. I think there may not be any concrete reasons behind fall of the coin.

XLM is one of my favorite coin. I haven't found any real reason why xlm down so much even in xlm market, all tokens are down. Only BTC and ETH have recovered its price but maximum altcoins remain same. It may be one of the reasons why xlm down too much. I hope xlm will bounce back towards soon.

[^BuTcH^]

I don't know, what I like more about stellar is fast speed and low transaction cost. So you can send even small amount and unlike bitcoin you won't pay so much fees.
Frankly speaking I hate when you have to pay high fees and transaction goes for 1-2 days like with bitcoin

[blue_nexus15]

Recently, the markets have made a good high and BTC was able to assert it dominance on the market with a 60%+ holding in the entire marketcap. I have also been a believer in the tech behind Stellar and hold a considerable number of Stellar Lumens (XLM) and other products built on the Lumens protocol. But XLM has not taken part in the recent rally. Also, it was badly hammered in the correction that has been going on for the past 24+ hours. Can anyone point to me the reasons behind the fall in XLM. Are the developers abandoning the project? What is going on in Stellar?

Yup. In fact, after March 7 when the media company Börsenmedien AG blew a large amount of shares to stimulate liquidity in payments with XLM then, although the market has greatly improved since the beginning of the month. 4 so far, but XLM has not found a new stimulant. At the same time, XRP also has significant decline. I think whether users feel Libra as a ray of light? or organic demand of XLM or XRP has actually decreased.

[IvugeoEvolutionCoin]

Stellar Lumen remains one of my best picks talking about project development.  The drop in price recently doesn't mean the developers are abandoning the project or whatever, probably you may not understand how huge that project is.  Moreover, XLM didn't drop so badly in price, it's a moderate correction.

[sappedro]

I think the price of XML will be 0.x something, I know a lot of people where cheering for 5-10-100$ but it's unrealistic, the team that is behind this project is not really concerned with the price of lumens, there main focus is developing tech. Think of it this way, you buy lumens so that you can sponsor there development effort.

So what i understand about this project is that the platform is very solid and the coin doesn't need hype or marketing because the coin is on a secondary or even tertiary place in the grand scheme of things.

[bigcash2011]

This complain has been seen in all the alts groups and communities i think it is just that btc has done so good in recent months that all alts feel that they have left far behins but we see most of alts have grown in usd value as well it is just the btc value where they have suffered, secondly i think with bulls gaining momentum soon alts will also have a good run it is just a matter of patience.

[cepot9]

Current market conditions are red even though bitcoin rises and bitcoin is also red, even though bitcoin rises quite high but altcoin is not yet up yet they are still stuck and moving slowly. there seems to be no need to panic while holding on

[Convery]

What is going on all altcoins? Correction!

Many altcoins were overvalued, investors invested too much money in 2017 without any sense. Most of these altcoins are just speculative aseets with possible future use. But for now, they are not useful, so they can´t have a good value.

[pageraji]

Because XLM is build by non profit organization and its have too many airdrop program and charity like xlm on coin base and others, thats may be popular way to get so many holder but ithink its not so good for price