Stellar Lumens [XLM] best performing crypto asset this week – Shoots up by 66%, Cardano [ADA] right behind!

All unicorn cryptocurrencies including, Stellar [XLM], [IOTA], OmiseGO [OMG], Cardano [ADA], NEM [XEM], Icon [ICX], and Monero [XMR] have increased in value.
Stellar’s growth rate was 66.52%, with a market cap of $6.7 billion and a market price of $0.36 at press time. Several moves by Stellar have impacted its growth in the past 7 days.
Over a period of 7 days, Cardano’s volume growth rate was 58.92%, increasing its volume to $203,732,000 and IOTA’s growth late in the past 7 days was 57.40%, increasing its total volume to $53,058,500. OmiseGO also saw a price hike of 44.93%, in competition with IOTA, Cardano, and Stellar.
Stellar partnered with the Novatti group for the integration of blockchain payments on its payment platform, it sped up its development process of Atomic Swap, it will be listed on Buybit and Coindirect, Stellar has it own Lightning Network integration for improving security and scalability, and has expanded its reach to Asia. Its performance in the past few months according to analysts will increase its chances of growth in future.
Cardano [ADA]’s growth can be attributed to their research methods and them tackling the problems that Bitcoin and Ethereum have in their systems, giving them an edge over the other cryptocurrencies.

IOTA’s Tangle based on DAG [Directed acyclic graph] model, could be the reason for its growth. Tangle is a new blockless ledger which is lightweight and allows the user to make transactions and transfers without fees.
Furthermore, IOTA’s first charging station went live yesterday, in the Netherlands, where charging and payments can be made using IOTA.
Jamie Jones, a blockchain and crypto enthusiast says,
“XLM is looking lovely, while everyone else is aiming for the moon, Stellar Lumens is aiming for intergalactic space travel. keep it up!”
Peter William, a crypto enthusiast says,
“great performance! Another leg up soon!”
A Stellar skeptic, Aydin, says,
“what is important? increase in percentage or blockchain? I do not really believe in the blockchain of stellar. ontlogy will continue to push hard again in the coming period. is the best investment for 2018.”


Here at Dollar Destruction, we endeavour to bring to you the latest, most important news from around the globe. We scan the web looking for the most valuable content and dish it right up for you! The content of this article was provided by the source referenced. Dollar Destruction does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products or other materials on this page. As always, we encourage you to perform your own research!

Source

Image credit

Author;

Ketaki Dixit