Stellar’s Downward Trend May Have Bottomed as Jed McCaleb Headlines Fin-Tech Conference

Stellar Lumens was in recovery mode this weekend, with prices rebounding double-digits ahead of a high-profile discussion between blockchain founder Jed McCaleb and Yoni Assia, CEO of social trading giant eToro.

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Stellar’s XLM token climbed to a session high of $0.3622 on Sunday. Prices would later consolidate at $0.3519 for a gain of 9.9%. At current values, Stellar is capitalized at $6.5 billion for eighth spot on the active cryptocurrency list.

Stellar founder and CEO Jed McCaleb is in Tel Aviv this week for a fin-tech conference focused on blockchain and cryptocurrency. On Monday, McCaleb will deliver a short presentation on the Stellar platform followed by a Q&A discussion alongside Yoni Assia.

   
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