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Stellar (XLM) Price Analysis: Can a 2.6% Boost Signal Change?

Linda Hamilton
Release: 2024-10-31 10:16:16
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Stellar (XLM) hasn't exactly lived up to its name in 2023, with prices largely hovering around $0.1 and dipping even lower since mid-April.

Stellar (XLM) Price Analysis: Can a 2.6% Boost Signal Change?

Stellar’s (XLM) price analysis this year paints an alarming picture. Investors have watched XLM drop below $0.1, with a brief spike to $0.1035 only to slide back down, leaving XLM at $0.0955.

But Ethereum’s story feels more like a steady hand in a storm, as the Ethereum Foundation raised $11.22 million this year by steadily selling 4,066 ETH in carefully timed batches.

While Stellar fluctuates and Ethereum holds its course, the BlockDAG (BDAG) sales have hit a record high. Its new BDAG100 offer, doubling every purchase with an additional 100% in BDAG coins, has opened the floodgates, driving presale revenue past $105.5 million. With over 14.6 billion BDAG coins already claimed, demand shows no signs of slowing.

Stellar Price Analysis: Can a 2.6% Boost Signal Change?

Stellar (XLM) hasn’t exactly lived up to its name in 2023, with prices largely hovering around $0.1 and dipping even lower since mid-April. Currently priced at $0.0955, XLM is down roughly 12% from last year.

August was particularly rocky, with prices fluctuating to a peak of $0.1035, yet a modest 2.6% weekly increase has sparked fresh hope among some investors. While this small bump may hint at potential recovery, XLM’s history of sharp ups and downs keeps everyone guessing.

Ethereum Foundation Cashes In with $11M in ETH Sales

The Ethereum Foundation has quietly raised $11.22 million this year by selling off 4,066 ETH in carefully timed batches, averaging around $2,760 per ETH. This steady sell-off has seen the foundation offload 1,250 ETH in September for $3.07 million, followed by another 300 ETH in October, adding $759,000 to its reserves.

With each sale spread out across transactions, the Foundation has managed to bring in liquidity without unsettling the ETH market. Recent reports highlight its continued focus on steady, small-batch sales as a way to optimize returns.

BlockDAG Rolls Out a 100% Bonus on All Coin Purchases

For anyone who’s ever watched a crypto giant soar and thought, “I wish I’d seen it coming,” BlockDAG may be the answer to that elusive chance. In its latest move, BlockDAG has announced a BDAG100 offer—an extraordinary bonus doubling every purchase with an extra 100% in BDAG coins. Imagine buying 50,000 BDAG and instantly receiving another 50,000 by simply entering the code at checkout!

Timed perfectly with Bitcoin’s recent all-time high, BlockDAG’s offer celebrates the crypto market’s latest milestone. However, this bonus could vanish as quickly as it arrived, leaving a limited window to jump in.

Those who’ve already caught wind of the BDAG100 bonus aren’t waiting. Whales and retail holders alike are diving in, eager to claim their double coins, pushing BlockDAG’s presale revenue over $105.5 million.

BlockDAG’s steady rise in the market also speaks for itself: since batch 1, its price has surged by an incredible 2100%, rewarding early buyers with a life-changing ROI. With over 14.6 billion BDAG coins claimed, batch 25 has seen a record surge in demand, fueled by BlockDAG’s record of growth. To make joining the BlockDAG presale even easier, the project has also revamped and rebranded its website.

Following its successful testnet launch and presale milestones, this website refresh adds to BlockDAG’s disruptive growth as it builds toward the future of blockchain. With BDAG100 active and batch 25 open, BlockDAG offers a rare opportunity to be part of what could be blockchain’s next big success.

The Top Crypto Coins to Invest In Now

Stellar’s price analysis reveals that gains often feel fleeting, tempered by sudden drops that keep everyone guessing. On the other hand, Ethereum Foundation’s steady sales offer a stabilizing influence, providing liquidity without unsettling the ETH market.

But BlockDAG is what many consider “a crypto dream come true.” With an impressive 2100% ROI already delivered to early holders, BlockDAG’s new BDAG100 offer drives up the demand like never before.

The fact that this bonus could end at any moment only adds fuel to the fire, with whales and retail holders snapping up BDAG coins at record rates. Now with the presale crossing $105.5

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