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Stellar's associated projects and partnerships continue to draw attention, with analysts predicting a potential massive growth and some seeing a $0.47 price target for the coin. Following the boom, the price of XLM could go up to $5 according to some views. In terms of competition and rivalries, one trader suggested that Stellar's rival is prepared to surge against Bitcoin.
There are also speculations of a possible 500% price breakout for Stellar, and the project is expected to transition towards BlockDAG. Moreover, Coinbase has submitted filings with CFTC to list futures contracts for several cryptocurrencies including Stellar. A lot also depends on the fluctuating market trends and regulatory environment for cryptocurrencies overall.
XLM Coin News Analytics from Wed, 18 Oct 2023 07:00:00 GMT to Mon, 09 Sep 2024 21:26:48 GMT - Rating 7 - Innovation 5 - Information 8 - Rumor 6