Many people state that Stellar follows Ripple, however Stellar is doing way better these days. Is it finally emancipating or do you think it will soon drop again?
I believe this is the reason of the spike
The bulls are getting lumens in order to dump it to the chinese...
makes sense, thank you! i was expecting the price to go up tomorrow ... wondering how bad the dump will be this time.
I do not think this will be bad. Currently the sell orders are these bought on 0.035euro. If we assume that the new investors gets lumens around 0.048 and because no one wants to sell аt a loss I really believe that the price will settle around 0.05euro.
I'm buying as one might construe ETH's rise in May had something to do with being added to Yuanbao. Hopefully we see the same gains that ETH had!