Will Stellar’s 55 Billion XLM Burn Trigger a New Bull Cycle?

in #dlike • 6 years ago

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Stellar Lumens announced the completion of a 50% token burn of their total supply. Total of 55 billion (XLM) tokens burnt and the Stellar Development Foundation explained that the token burn was designed to provoke efficiency within the Stellar ecosystem.

After this, the price of XLM surged 25% after the announcement this triggered the market to become bullish on the altcoin. Given that a growing number of altcoins are beginning to produce noticeable returns, an analysis of the technical aspects of XLM is warranted.


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6 years ago in #dlike by
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     6 years ago 

    To the question in your title, my Magic 8-Ball says:

    Outlook good
    Hi! I'm a bot, and this answer was posted automatically. Check this post out for more information.

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       6 years ago 

      Warning! This user is on our black list, likely as a known plagiarist, spammer or ID thief. Please be cautious with this post!
      If you believe this is an error, please chat with us in the #appeals channel in our discord.

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