Crypto Whales Accumulating New Meme Coin: XLM Price Falls 3%, Just 4 Days Left


  • The Stellar (XLM) price has fallen by 0.5% in the past 24 hours.
  • XLM is down by 3.5% in the past week but up by 14% in the last 30 days.
  • WisdomTree has launched its own personal finance app on the Stellar network, but competition from FedNow could affect XLM’s performance.

Stellar Coin Price Falls 3%

The Stellar price has fallen by 0.5% in the past 24 hours, dipping to $0.097024 as the cryptocurrency market falls similarly within that time span. XLM is down 3.5% in a week and up 14% over 30 days, while also gaining 36% since the start of this year.

WisdomTree Launches App on Stellar Network

The WisdomTree personal finance app was recently launched on the Stellar network, offering fast and secure transactions across investment choices. However, this launch hasn’t had much of a positive impact on XLM’s price due to competition from FedNow – an instant payments system created by the Federal Reserve – which may affect future performance of XLM.

Thug Life Token Presale Suggests Positive Gains Ahead

Traders looking for a less ambiguous investment may prefer coins with strong potential for gains in the near future such as Thug Life Token (THUG). The successful presale for THUG suggests it could rally big once it lists on exchanges.

Relative Strength Index Struggles at 40

XLM’s relative strength index (RSI) is struggling to stay above 40 after spending yesterday close to 30, suggesting that it may not be strong enough to recover just yet and further falls are likely to follow soon according to its 30-day moving average indicator sloping down towards its 200-day average line.