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XLM fell 5.16% in 24 hours, surged 510% on the 30th and ranked second in the gains list, with strong fundamentals helping to break through

XLM fell 5.16% in 24 hours, surged 510% on the 30th and ranked second in the gains list, with strong fundamentals helping to break through

Renata2024/12/05 07:07
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On December 5th, it was reported that the current price of Stellar (XLM) is 0.4892 USDT, a decrease of 5.16% in 24 hours, and the in-app trading volume has reached 136 million USDT. XLM still ranks second among the top 100 currencies in terms of market value with a 510.2% increase in the past 30 days, second only to HBAR's 763.5%.
 
According to Cryptorank data, the market value of Grayscale Trust Investment's investment portfolio has increased by over 85% in the past month, with XLM performing particularly well, with a growth rate of 469%, becoming the largest contributor to the growth of the investment portfolio. In addition, during the same period, XRP increased by 262%, while MANA increased by over 105%, further demonstrating the market's preference for high-potential assets.
 
As a leading global open financial network, Stellar aims to connect financial systems around the world and provide a platform for creating, sending, and trading digital forms of currency. With its core technology and strong fundamentals, XLM has become the focus of institutional investors and individual users, and is expected to continue to play a leading role in global applications and market value growth in the future.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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