Stellar Lumens (XLM) Forum with for newcomers and contributor's rewarded Check here




Stellar (XLM) Rebranded as Expectations of Important Announcement Loom
  • 1 Vote(s) - 1 Average
  • 1
  • 2
  • 3
  • 4
  • 5

#1
[Image: 5c879fe301ad34000659739e_700xauto.png]
XLM will be presented at the Money 20/20 expo in Asia within 10 days, unveiling a new logo that diverges from the “rocketship” symbolic.

Stellar (XLM) has been rebranded, abandoning its old rocketship logo that seemed to hold suggestions of going “to the moon”.

Quote:“We have big plans. Could you see a cartoon rocket ship in use at some central bank or in a press release from a national monetary authority? We couldn’t either,” the Stellar team commented.

Stellar will have a new logo of a strike-through circle, nodding to the symbolism of a planet in space, but also aimed to serve as a currency-like symbol. The new logo for Stellar is the one shown below:

The new logo has been proposed by the Kurppa Hosk design group, which has been hired for the task, and the new identity may be revealed soon. The Stellar project has made forays into banking and remittances through its partnership with IBM, and the project seems ready to continue on this track of development. Stellar has been compared to Ripple’s XRP, for being an open-source alternative with similar characteristics.

Stellar will launch its renewed brand identity this May. In the meantime, the immediate expectation is for a “big announcement” to arrive during the keynote speech of founder Jed McCaleb during the Money 20/20 conference in Asia.

The XLM market price stabilized above $0.10, yet without extending Monday’s rally. XLM has remained relatively flat, as the asset has been displaced by others. However, the renewed interest and publicity may see the rebranded project gain investors’ attention once again.

XLM is seeing its activity pick up on Binance, boosted by the exchange’s popularity, as well as the additional Tether (USDT) pairing. XLM trading volumes have also picked up since January 2019, hovering a bit under $200 million. XLM may also be lifted up by the general trend of booming prices for altcoins, as assets are breaking out from their recent lows on news of positive developments and milestones met by various projects.

Neither the author nor the publication assumes any responsibility or liability for any investments, profits, or losses made as a result of this information. Cryptocurrency trading and investing are risky propositions, and market participants are advised to always conduct thorough research.

by Christine Masters
Reply


Possibly Related Threads...
Thread Author Replies Views Last Post
  Announcements Stellar on new Exchange and 1000 free tokens fractal 0 1 1 minute ago
Last Post: fractal
  World Banks Plan Stablecoins on Blockchain World Wire, a Stellar & IBM Collaboration crytocure 0 8 6 hours ago
Last Post: crytocure
  Major Crypto Exchange and Wallet Coinbase Adds Support for Stellar Lumens crytocure 0 4 6 hours ago
Last Post: crytocure
  Bakkt vs ErisX - Stellar Lumens IBM 6 Banks - Bitcoin Futures Lightning Network - crytocure 0 5 6 hours ago
Last Post: crytocure
  Major Announcement for ALL Stellar Lumen (XLM) Holders! Plus VISA in Crypto! crytocure 0 8 7 hours ago
Last Post: crytocure
  Newsflash: Stellar Price Spikes Just Prior to Coinbase App Listing crytocure 0 4 Today, 07:57 AM
Last Post: crytocure
  VMC Announces Stellar Security Tokens crytocure 0 8 Today, 07:53 AM
Last Post: crytocure
  IBM Announces Stellar-Based World Wire Payments Network crytocure 0 7 Today, 07:40 AM
Last Post: crytocure
  Crypto Market Wrap: Stellar Lifted on Coinbase Listing, Flips Binance Coin crytocure 0 5 Today, 07:36 AM
Last Post: crytocure
  Stellar XLM/USD Above $0.1130: Latest Updates Regarding XRP’s Competitor crytocure 0 5 Today, 07:32 AM
Last Post: crytocure



Users browsing this thread: 1 Guest(s)