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Stellar (XLM) Now Enters Top 3 List of Assets on Coinbase

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Sat, 03/27/2021 - 10:00
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Yuri Molchan
Stellar community in Turkey has tweeted that the XLM token has reached the top 3 place among the most popular assets on the exchange
Stellar (XLM) Now Enters Top 3 List of Assets on Coinbase
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The 14-ranked XLM token has become top third favourite on Coinbase, according to the recent tweet by the Turkish Stellar community.

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Image via Twitter

More recent data from Coinbase, however, shows that XLM is on the top five spot among the most popular assets on that platform.

Filecoin (FIL) comes first on that list, Decentraland (MANA) is on the third position. Last week, Grayscale set up five new trusts based on altcoins, including FIL and MANA. Over the past twenty-four hours, FIL has soared over 40 percent as it has seen a major inflow of miners and investors from China.

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Grayscale Adds 6,568,516 XLM and 97,059 LTC Over Past Month

Created by the former Ripple CTO (and one of Ripple cofounders) Jed McCaleb, Stellar chases similar targets to Ripple Labs – remittances and partnerships with financial institutions.

Over the past week, XLM has been declining from its recent peak of $0.44 per token. On March 25, it hit a low of $0.25. At press-time, XLM is sitting at the $0.38 level, showing a 2.16-percent rise, as per the data from CoinMarketCap.

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About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.