The Stellar Token climbed 19%, reaching a capitalization of 6.3 million dollars. Analysts associate a positive correction with the upcoming ICO, related to marijuana.
This Friday starts ICO of the Canadian manufacturer of marijuana Nezly. In the near future, it is planned to launch an entire ecosystem on the detachment, which will unite the sellers and buyers of the kanabis. XLM tokens will be used as a means of payment for products and related services.
Against the backdrop of news about the upcoming ICO, the Stellar token has grown significantly. At the time of writing, the XLM course was $ 0.36, total capitalization reached $ 6.83 billion, the total weekly gain was 68.54%. Now the token is the eighth line in terms of capitalization and the sixteenth - by the total volume of trades.
The Stellar platform is often used for various ICOs. To date, Stellar is Ethereum's main competitor in providing and maintaining platforms for ICO. The developers of projects are attracted by the unique functionality of the platform, for example, software on the blockbuster Stellar includes a built-in exchange, which allows you to immediately exchange tokens without having to track listings.
Recently, the crypto-currencies have conquered new spheres. The news affected the growth of the token, but the price jump was short. Over the past day, Verge has lost more than 15%.
Hello @bootcamp02, nice to Steem you! :-) Do you have a hint on why "Hacked" attributes an awful -8 rating to this Nezly ICO? (I cannot access the "Hacked" article, hehe).
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