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Stellar in a Bull Run for Social Volume and Market Cap
Summary: Santiment, a crypto information website, reported that Stellar witnessed a month of extraordinary social dominance and social volume, which surged by 34.5% in the last 30 days.
Santiment, a crypto information website, reported that Stellar witnessed a month of extraordinary social dominance and social volume, which surged by 34.5% in the last 30 days.
Bitpush Market Data shows that over the past 30 days, Stellar's price rose from about $800 million to $1.35 billion, and its market cap almost increased by 70% from $0.038 to $0.066.
Different from traditional stocks or markets, cryptocurrencies are highly sensitive to social volume as social media can notably affect their market value. For the currently rising Stellar (XLM), the high social volume may indicate a continuing bull run, according to ZyCrypto.
By Yiran Dai
Tags: social volume,stellar(XLM)
Link: Stellar in a Bull Run for Social Volume and Market Cap [Copy]
