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Cryptocurrency News Articles

XLM Price Drops 4%—Why Is That? Top 3 Cryptos To Buy While XLM Price Drops

Feb 18, 2025 at 09:18 pm

Stellar (XLM) price dipped by more than 9% recently before a panic rally pushed its value up again. Currently down by more than 4.5% in the last 24 hours

Stellar (XLM) price dipped by more than 4.5% in the last 24 hours. This drop is being attributed to Bitcoin’s recent correction away from the $100K mark. While XLM is still up by close to 20% in the last week, this dip could be a good time to look at other promising altcoins. Here are three cryptos to consider buying while XLM price drops.

Official Trump (TRUMP)

Even if there is a rebound after XLM’s drop, don’t expect it to be too high. A high-cap token can only pump by digits at most these days. Meme coins, on the other hand, tell a different story.

History was written when the US President's official meme coin, Official Trump, made its debut in the market. As degens closed their positions on their other assets to jump on the “TRUMP Train,” they made enormous gains, spurred by Donald Trump’s re-election and his positive outlook on cryptocurrencies.

It wasn't long after that TRUMP got the second-biggest meme coin by market capitalization. Since then, the token's value has moved alongside Donald Trump's “executive” antics. While Stellar price dropped, TRUMP’s recent firing spree pushed the TRUMP price past its $20k resistance a few days ago. Now, it trades at lows of $17. But hope remains for another pump, and another good day for intraday gains with TRUMP, making this Solana-based meme coin one of the best options to capitalize on the XLM's dip.

DexBoss (DEBO)

Though XLM price caught the eyes of many, newcomers are now making news. Available on presale, DexBoss (DEBO) is poised to chart up by close to 400% by the time it lands on cryptocurrency exchanges. Currently available on discount at a price of $0.011, DexBoss will go live on an exchange at $0.0505.

A further move upwards may be possible for its native token, DEBO, thanks to a long list of facilities it offers. DexBoss aims to differ from standard DEXs by offering not only spot trading, but also futures, options, and trading on leverage. Cross-chain compatibility will ensure most are able to use the platform's services and with comprehensive trading tools, investors can potentially trade better.

All of these, combined with a little from positive marketing, can cause the DexBoss price to experience a parabolic uptick post listing.

Binance Coin (BNB)

BNB Smart Chain’s BNB is a surprising entry to the top altcoins list because it is one of the few assets to have experienced a surge in the last 24 hours. Currently trading around the $670 level, it has a market capitalization of over $95 billion.

There has been a marked increase of more than 22% in the token’s trading volume recently. And the reason behind it is the recent BNB Chain updates.

Two updates have been introduced to the BNB Chain recently. The most recent among them is unlocking the ability for validators to optimize transaction order within blocks.

Trading memecoins? Speed matters.

BNB Chain now allows validators to optimize transaction order within blocks, making trades more efficient.

Read more 👇 https://t.co/NkRdnjtaYi

— BNB Chain (@BNBCHAIN) February 17, 2025

In simpler terms, BNB Chain will now focus on the cornerstone of the current crypto market: meme coins. Prioritizing meme coin transactions, BNB Chain is making a play to keep degens engaged with the crypto community, fueling the trading volume in hopes to push the blockchain economy back on track again.

The other, older update is partnering with three MEV protection solutions to address the problem of sandwich attacks. The hope is that these updates will help users engage with a more secure DeFi trading experience.

Final Words

With XLM price fluctuating, investing in promising altcoins like TRUMP, DEBO, and BNB could yield significant gains during market volatility.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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Other articles published on Feb 21, 2025