This weekend various cryptos are going crazy. BIG +++ on the board.
In particular Stellar. An offspring of Ripple.
I was reading the difference between Stellar and Ripple is: Stellar would concentrate on the individuals, and Ripple on the businesses. Stellar tells us on their website (https://www.stellar.org/)
"Stellar is a platform that connects banks, payments systems, and people. Integrate to move money quickly, reliably, and at almost no cost."
In the trollbox of the exchange I'm following it was suggested Stellar is not hype, but sustainable and growth projection with factors higher to the current value; with value of around 2200 Satoshi at the moment of writing. Keep in mind that before the weekend Stellar was around 600 Satoshi. It was also suggested Stellar would come out with a big announcement soon, and large investors acting on pre-information and buying Stellar in large quantities while it is still low priced. I can confirm some large purchases happened today, contracts of 20 to 40 BTC at one go. I also noticed sell walls moved several times, and some of them were pretty big walls.
What do you think? Stellar hype and in pump and later dump. Or is this the road to major coin value increase?
EDIT: On the rise at time of writing towards 2500 Satoshi! Within a minute or so for around 150 BTC value removed from the 2500 mark.
EDIT (21:41 CET): nailed it! 2500 mark broken, rocket up...how many stages this rocket has? wow...
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