The coins that have increased in these days, when Bitcoin cannot exceed 50 thousand dollars, draw attention. In the crypto market, where another coin stands out every day, today’s rise and news of ATH came from two “X” coins.
Good news from XRP and XLM
Crypto market on Sunday it’s going a bit sluggish but two coins revived the area. Stellar and XRP continue to rise. XRP rose 17% in the last 24 hours to $1.6, its highest price since Monday, and Stellar also rose 18% to an all-time high of $0.7.
Actually, the two coins are pretty much related to each other. Both are a product of Jed McCaleb. McCaleb is one of the developers of Ripple Protocol. He himself left Ripple in 2013 to develop Stellar (XLM). XLM was designed as a means of payment like Ripple.
XRP is undoubtedly well ahead of XLM with a market cap of $55 billion, with a market cap of $18 billion.
However, Stellar performed much better last week. XLM is up 31.9% in the last seven days; XRP has increased by only 4%.
There is no doubt that the success of both coins has a significant impact on the low levels of BTC and the fact that altcoins attract more money from the market after Elon Musk’s Tesla-Bitcoin decision.
Ripple technical analysis, comment and price prediction
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