{"id":375175,"date":"2019-03-18T19:00:29","date_gmt":"2019-03-18T19:00:29","guid":{"rendered":"https:\/\/wncen.com\/?p=375175"},"modified":"2024-06-11T21:14:47","modified_gmt":"2024-06-11T21:14:47","slug":"stellar-lumens-xlm-rally-as-volumes-double-after-ibm-move","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/stellar-lumens-xlm-rally-as-volumes-double-after-ibm-move\/","title":{"rendered":"Stellar Lumens (XLM) Rally as Volumes Double After IBM Move"},"content":{"rendered":"
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Stellar Lumens up 11 percent from last week<\/em><\/li>\n
IBM and six banks sign a letter of intent for World Wire stable coin issuance<\/em><\/li>\n
Transaction volumes double in eight days<\/em><\/li>\n<\/ul>\n
With IBM single-handedly bringing on board six banks, XLM prices are surging and up 11 percent in the last week. We expect prices to edge higher in days ahead. If prices close above 15 cents, Stellar Lumens (XLM) could double to 30 cents<\/em><\/p>\n
Stellar Lumens Price Analysis<\/h2>\n
Fundamentals<\/h3>\n
Similar to Ripple, Jed McCaleb\u2019s Stellar is a low-cost platform that enables cross border fund transfer aimed at the unbanked. It is the latest to receive support from CoinBase three months after the exchange placed the asset under consideration.<\/p>\n