{"id":22121,"date":"2023-09-09T03:36:35","date_gmt":"2023-09-09T03:36:35","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/crypto\/why-is-stellar-xlm-price-up-this-week\/"},"modified":"2023-09-09T03:36:37","modified_gmt":"2023-09-09T03:36:37","slug":"why-is-stellar-xlm-price-up-this-week","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/crypto\/why-is-stellar-xlm-price-up-this-week\/","title":{"rendered":"Why is Stellar (XLM) price up this week?"},"content":{"rendered":"
The Stellar\u00a0token experienced a notable 11.5% increase in value between Sept. 2 and Sept. 8, a novelty given that Bitcoin and most altcoins are down for the week. The surge came after Stellar (XLM)\u00a0tested the $0.113 support level, which marked its lowest point in the past eight weeks. The price upswing followed a preliminary announcement made by the Stellar organization on social media.\u00a0<\/p>\n
While the announcement was somewhat cryptic, it hinted at something significant occurring on Sept. 12, with phrases like \u201csomething cool is dropping\u201d and “change\u201d on the horizon.<\/p>\n