XLM bulls pull off epic comeback, thanks to the derivatives market

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AMB Crypto 1 year ago 239

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Posted: November 25, 2024

  • XLM ($0.22) concludes its most bullish week, and is on track for November to be its most bullish month.
  • Derivatives demand soars to new highs, aided by news that underpins incoming organic utility.

Stellar’s [XLM]  native cryptocurrency is making headlines with its eye-watering rally. Its performance so far this month allowed it to go from undervalued to one of the best performing coins of 2024.

XLM pulled off an impressive 61% upside from its lowest to highest price on Saturday, the 23rd of November. This allowed it to extend its weekly gain to 235%.

It has so far rallied by 600% from its lowest to highest price point so far this month, making it one of the best performing top coins.



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