Crypto Price Review: Altcoins Are Mixed as XLM and ADA Fall, but NEO, EOS and IOTA Ascend


Stellar Lumens (XLM)

At press time, Stellar Lumens is trading for about 22 cents. That puts it down about ten percent over the last 24 hours.

XLMUSD: Stellar fractals?

Currently, the asset’s market cap has fallen to about $4.19 billion, just shy of two percent of the total cryptocurrency market cap. At its highest point, Stellar was just over 12 percent. Overall, the currency is witnessing a total stagnation in value, with movement of just 0.5 percent within the past day.

Interestingly, however, the currency now boasts over one million separate accounts on its blockchain, suggesting its popularity is continuing to grow amongst crypto fans. In addition, Coinbase is also considering adding Stellar Lumens to its trading platform.

Cardano (ADA)

Cardano is trading for about ten cents. Like Stellar, Cardano is down by roughly ten percent over the last day. It’s market cap has dropped to approximately $2.54 billion, which is about 1.15 percent of the total cryptocurrency market cap.


Overall, however, Cardano has witnessed some bullish activity over the past week. It has seen its total value grow by just shy of eight percent over the last seven days, while its total daily trading volumes exceed $86 million, which is about 0.66 percent of the total volume of all digital currencies.


NEO is trading for about $20 even. That’s about three dollars higher than where it was last week, and the Chinese entity is showing solid signs of recovery.


At the same time, NEO has struggled heavily throughout August, experiencing its worst month of the year, and the bears are continuing their hold over it. NEO is down by almost 40 percent since July and has lost more value than any of the top 25 cryptocurrencies leading the market. NEO arguably took one of the largest beatings thanks to the Security and Exchange Commission’s (SEC’s) rejections of numerous bitcoin and crypto-based ETFs, though its sudden rebound has helped the cryptocurrency market add a whopping $40 billion to its grand total.


EOS is trading for approximately $6.40, which is a massive jump from last week when the currency was trading for just over five dollars.

EOSUSD: Next impulse is coming on EOSUSD!

Overall, the currency has expanded in price by roughly 15 percent, though new problems are appearing on the horizon. A newly-discovered bug allows hackers to potentially steal valuable resources from users, according to one source. This can be done without authorization, and the EOS team is working fast to seal the loophole.


IOTA is trading for just shy of 71 cents.


The currency has surged by more than 20 percent and is slated for a big breakout in the coming weeks, as strong bullish patterns are forming on the currency’s technical charts.

Charts by TradingView

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