Cryptocurrencies Hbar and XLM stagnate while investors are waiting for the next movement of Bitcoin

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HBAR und XLM: Altcoins warten auf Bitcoin für die nächste Preisbewegung Die Preise der Altcoins Hedera Hashgraph (HBAR) und Stellar Lumens (XLM) haben sich in letzter Zeit seitwärts bewegt, während die Anleger auf die nächste Kursbewegung der größten Kryptowährung der Welt warten. Das HBAR wurde am Dienstag bei 0,048 US-Dollar gehandelt, wie es auch in den letzten Tagen der Fall war. Der aktuelle Preis von Stellar liegt bei knapp 0,10 US-Dollar. Im Wochenvergleich verlor diese Kryptowährung 5,5 % an Wert. Hedera und Stellar sind zwei Blockchains, die unterschiedliche Rollen in der Branche haben. Stellar ist ein Blockchain-Netzwerk, das auf Zahlungen …
Hbar and XLM: Altcoins are waiting for Bitcoin for the next price. The prices of the Altcoins Hedera Hashgraph (HBAR) and Stellar Lumens (XLM) have recently moved sideways, while investors are waiting for the next price movement of the world's largest cryptocurrency. The Hbar was traded at $ 0.048 on Tuesday, as was the case in the last few days. The current price of Stellar is just under $ 0.10. In the week comparison, this cryptocurrency lost 5.5 %. Hedera and Stellar are two blockchains that have different roles in the industry. Stellar is a blockchain network that is on payments ... (Symbolbild/KNAT)

hbar and XLM: old coins are waiting for Bitcoin for the next price movement

The prices of the Altcoins Hedera Hashgraph (HBar) and Stellar Lumens (XLM) have recently moved sideways, while investors are waiting for the next price movement of the world's biggest cryptocurrency. The Hbar was traded at $ 0.048 on Tuesday, as was the case in the last few days. The current price of Stellar is just under $ 0.10. In the week comparison, this cryptocurrency lost 5.5 % in value.

Hedera and Stellar are two blockchains that have different roles in the industry. Stellar is a blockchain network that is oriented towards payments and offers solutions for various companies in the money transfer industry, for example for Moneygram. Stellar is also known for the partnership with Circle, the issuer of USDC (USD Coin) - the second largest stable coin in the world. The Stellar developers recently introduced Soroban, a layer network that also focuses on services in the financial sector. Soroban has some similarities with Hedera Hashgraph, since blockchain developers can create their own decentralized applications. Hedera was used to set up Dapps such as Stader, Saucerswap and Pangolin. Overall, the ecosystem has a total value of the deposits of over $ 45 million.

The challenge for Hedera is that the number of people who use this defi protocol remains quite low. Instead, users of decentralized crypto bonds prefer larger ecosystems such as compound, Aave, curve finance and uniswap. The team behind the decentralized Algofi platform has stopped operating because the activity of the crypto investors and traders in the network has decreased sharply. Algofi was the largest platform in Algorand's ecosystem.

The prices of Hbar and Stellar’s ​​XLM have not changed significantly in the past few weeks. This is mainly because the price of Bitcoin (BTC), the world's largest cryptocurrency, has remained just over $ 30,000. Historically, these old coins tend to move in harmony with the price of Bitcoin, which explains why they rose this year. Therefore, the prices of HBAR and XLM will increase if Bitcoin makes a bullish outbreak over the annual high of over $ 31,000.

It remains to be seen how the market will develop and whether Bitcoin can continue its upward movement. For interested investors there are purchase instructions for Stellar Lumens (XLM) and Hedera Hashgraph from experts who can make it easier to get started with these old coins.