Stellar

Stellar burns 50% of all XLM, and Einstein alternate closes.

It was simply introduced that the Stellar Foundation has burned 55 billion XLM (50%) successfully reducing their provide in half. Is this a determined transfer to get the worth going or is it a pump and dump?
Articles: Thank you coindesk!
https://www.coindesk.com/einstein-crypto-exchange-seized-by-canadian-securities-regulator
https://www.coindesk.com/stellars-foundation-just-destroyed-half-the-supply-of-its-lumens-cryptocurrency

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5 Comments

  1. Nice vid. Subbed. I don’t think it’s a fund to keep the price stable. That would be manipulation and since they are a US company they may have the SEC knocking on their door….after that large of a coin burn they may anyway lol

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