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Penny cryptos have tremendous upside potential because of their low price. Some crypto projects may provide investors with high returns in 2022.

Stellar Lumens price has underperformed this week as correlation with other cryptocurrencies continued. XLM token rose to a high of $0.1065

Stellar has been one of the most promising cryptocurrencies in the business. Developed by the Stellar Development Foundation, the currency ‘Lumen' under the symbol XLM is traded on various exchanges. Who could predict that XLM price would increase more than 300 times in 2017? It was an excellent year for Stellar.

There's one hot new crypto that's been gaining a ton of attention recently, and that's Uniglo. It's still available during pre-sale, giving you a unique opportunity to enjoy discount prices before its main launch in October.

Buyers are opposing the sellers at $0.098 Level in Stellar market STELLAR Price Analysis – September 07 Stellar may reach $0.075 and $0.

The crypto market lost more than $500 billion in less than 24 hours in August 2022. The year has been long, but this short market bull trend sent glimmers of hope to crypto enthusiasts. BTC dipped from $24k to $20k in less than a day, confusing many traders.

Making fortune in the crypto market seems to be a distant dream at this point. Last month's rally was short-lived, as we witness the prices plummeting again to bite the dust. However, this also presents an excellent financial opportunity for any investor looking for exponential gains.

When weighing up new crypto investments, you might want to take a closer look at burn rates. Cryptos that burn more tokens arguably set the future price up for more success, as they decrease supply and increase scarcity.

Not much of the crypto space has been bullish recently, with the bear season in full force. But some tokens are arguably gearing themselves up for bullish turns sometime soon, according to market analysts. It's also important to point out that the actual bear run hasn't been as bad as many predicted it would be.

Stellar lumen price started a fresh decline from the $0.114 resistance zone against the US Dollar. XLM price is now trading above $0.1040 and the 55 simple moving average (4-hours).

For the entire 2021, Bitcoin surged in price and hit almost a 65,000 USD mark, and right after the Terra-Luna crash, the market stumbled, and it chronically plunged to as low as 20,000 USD. The charts stood there for a while, dragging the soul out of traders.

After an evenly matched market struggle between demand and supply that balanced the price of XLM/USD at around $0.

Stellar price analysis has a very balanced sentiment today. However, it fell to a low of $0.1036 earlier in the day and has since bounced back to $0.1053.

The Stellar Lumens price prediction indicates the potential for a limited upside in the near term, after its Robinhood listing.

Digital asset manager Grayscale Investments has been fielding questions from the U.S. Securities and Exchange Commission (SEC) over the firm's "securities law analysis" of tokens in some of its less-popular crypto trusts. For the first time, Grayscale acknowledged that ZEC, ZEN and XLM “may currently be a security, based on the facts as they exist today.

The XLM crypto could be landing itself in hot water with the SEC, which is asking around the market for information regarding the coin.

Stellar lumen price started a fresh decline from the $0.115 resistance zone against the US Dollar. XLM price is now trading below $0.1050 and the 55 simple moving average (4-hours).

In today's trading session, the Stellar Lumens price is up by a percentage point. It is also the second consecutive day prices are up.

Coinme, a U.S.-based cryptocurrency cash-exchange, has announced the introduction of six new digital assets available for purchase via cash deposits at kiosk stations located across the U.S. following a partnership deal with Coinstar. Alongside Bitcoin, users will also be granted access to Chainlink, Dogecoin, Ethereum, Litecoin, Stellar, and Polygon.

Mehracki (MKI), Dogecoin (DOGE) and Stellar (XLM) may witness wins like never seen before because the fall in the cryptocurrency market price means investors are seeking new coins to invest in. And since it's a Bear Market in cryptocurrency right now, this makes it an amazing time to buy tokens due to the cheap prices.

Chainlink, Dogecoin, Ethereum, Litecoin, Lumens and Polygon Now Available for Purchase at Coinme-Enabled Coinstar Kiosks With Cash; Token of the Week Sweepstakes Gives Chance to Win Up to $5.5K in Crypto Weekly SEATTLE , Aug. 24, 2022 /PRNewswire/ -- Coinme ®, a leading cryptocurrency cash exchange in the U.S., today announced the availability of cash onramps to six additional cryptos that are live on Coinme-enabled Coinstar® kiosks in the U.S. Chainlink, Dogecoin, Ethereum, Litecoin, Lumens and Polygon are now available to purchase instantly using cash at Coinme-enabled Coinstar kiosks nationwide. The introduction of multicoin listings on over 10,000 Coinme-enabled Coinstar kiosks designates Coinme as a leading national cash gateway to digital currencies.

Are you looking to gear up your portfolio for the rest of the year and beyond? You have some key choices to make right now, but the good news is that there's still plenty of upside in the crypto space despite the current market downturn.

While the broader market is still stuck in a slump, the global cryptocurrency market cap, at press time, was above the $1 trillion mark with a 0.64% decline over the last day. Bitcoin's price dipped by 10.52% over the last seven days as the world's most popular cryptocurrency was trading at $21,426 during press time.

Stellar [XLM], at the time of writing, was traversing near the lower boundary of its Bollinger Bands (BB) after a steep decline from its $0.119 resistance. A close below the immediate support could spiral into extended losses in the coming sessions.