Post
Topic
Board Speculation (Altcoins)
Re: 55billion burn trigger XLM bull cycle?
by
iamsange
on 07/11/2019, 15:23:44 UTC
Will it happen? XLM is the coin im holding for quite a nice time, fingers crossed!
https://cointelegraph.com/news/will-stellars-55-billion-xlm-burn-trigger-a-new-bull-cycle
Maybe Lumens team take chance for next bull run. With burning supply, usually price of a coin can be pumped. Maybe next bull trend is used to be trigger that can pump Stellar or we know for now as Lumens. What is on my mind only that because usually burned coin means less supply and it can make more demands that cause price to get pumped.