Stellar has been recently in the spotlight when it’s been predicted that XLM is among the digital assets that have the highest potential for profit in the crypto market.

XLM has great profit potential

If you need an asset class that can provide a massive profit potential, there are three options that you have at the moment, according to the online publication Smartereum. These are LTC, XLM, and XRP.

The online magazine also makes sure to highlight the importance of Bitcoin (BTC)’s movement’s vital role in the price of the other digital assets.

Smartereum revealed that Bitcoin Economics just analyzed the crypto market, and the conclusion was the following:

“While most tokens, including Ethereum, DASH, and Monero, move in correlation with BTC, three virtual coins stood out. These token trades yielded the largest profit potential, and they include LitecoinXRP, and Stellar.”

BTC, XLM, and XRP were called pump and dump coins, and it’s been highlighted that these are digital assets with long periods of accumulation and spikes.

Stellar adoption intensifies

Now, the team at the Stellar Development Foundation has revealed the plans to support eight Stellar-based platforms.

It’s been reported that based on a community vote, the top three winners are the Stellar wallet LOBSTR, the payments platform StellarPay and the XLM-supported Visa debit card platform GetBlockCard.

The Foundation is distributing the amount of 3,000,000 Lumens, worth about $192,000, to the winners.

According to the official announcement:

“Congratulations to all of the winners! Thank you to everyone who submitted a proposal, participated in project discussion, and provided feedback throughout this round! On to the results!” Stellar writes.

We recommend that you read the complete official notes in order to find out more details.

Regarding XLM’s pricing these days, at the moment of writing this article XLM is trading in the red on CMC, and the coin is priced at $0.063055.

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