Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XLM] Stellar - Decentralized trading platform
by
nelson4lov
on 07/11/2019, 18:30:00 UTC
Do you think we can expect 0.2-0.3 in next year ?

We could. XLM is starting to get back to the spotlight like it did in the past. But for the last year, It's been cloudy. I've begun to get more bullish on XLM with each passing day. YTD, XLM has print >= 50% profit. Withthe news about around half of the supply being burnt, that's one of the unique gestures I've seen a startup take. It's similar to how Binance is burning Millions of employees BNB tokens every quarter. And from what I know, limited supply only means on thing: more demand.

There are so many factors who decide the future direction of any market no doubt that is really great decision to burn the coins and reduce the supply. I also very bullish on XLM because of its great concept and hard wrok of the team surely it will make this more valuable in coming days.

Definitely. Like I said before, limited supply can play an integral role in the positive price direction of a coin and XLM team just went down that route. Don't forget XLM had previously been airdropping millions of stellar lumens. So you'll agree with me that they've burnt most, if not all or equivalent of those tokens that were airdropped via blockchain, Binance and the rest of them.