Stellar (XLM) shot up once again, as the asset now ranks fourth by market capitalization, and displacing Bitcoin Cash (BCH) in the process. Events of a “flippening” sometimes show an anomaly, but this time, XLM once again showed its propensity to move against the rest of the assets. At the same time, BCH went through a period of price weakness.

https://twitter.com/StellarLumens/status/1068400633466753024

XLM recovered to $0.16, up around 4.6% overnight, while BCH fell to $179.74. In the past weeks, XLM erased some of its value, but remained robust compared to other digital assets, usually in a pair with Ripple’s XRP. The invisible connection between the two assets reflects the similar nature of the projects, which use a series of trusted servers to verify the coins.

The Stellar platform has so far seen only one major ICO, …

This article appeared first on Cryptovest

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