Stellar
Why Stellar is down 5.2% today
Analysis
Stellar (XLM) fell 5.2% over the last 24 hours amid negative sentiment tied to a controversy-focused news cycle around XRP and XLM. U.Today reported on Rippleβs CTO Emeritus commenting on mentions of XRP and XLM in the Epstein files, which may have weighed on trader confidence and contributed to near-term selling pressure.
Contributing Factors (1)
Ripple CTO Emeritus Breaks Silence on XRP and XLM in Epstein Files
Ripple was mentioned in the newly released Epstein files. The former Ripple CTO has addressed claims linking Ripple, Stellar and XRP to Epstein.
Move Details
Explanation Confidence
Moderate confidence. Multiple factors may be contributing.