Post
Topic
Board Speculation (Altcoins)
Re: 55billion burn trigger XLM bull cycle?
by
Landak
on 07/11/2019, 15:59:58 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
Burning or not, bullish runs will always matter on community support but this is way more better since entire supply would be lessen due to this burning event.
Price rise will happen if theres demand but if theres zero then i wont see any changes for its price even they do made such decreasing of their supply.
Too early to say though but its possible.Time will tell.
yep, burned but there is no demand to buy, bullish moment will not occur.
yesterday I see an increase in prices on xlm but now back again to the previous price. it is just like temporary bullish  Roll Eyes.
indeed only time can answer.