{"id":403313,"date":"2019-11-05T03:00:43","date_gmt":"2019-11-05T03:00:43","guid":{"rendered":"https:\/\/ktsl888.com\/?p=403313"},"modified":"2019-11-05T03:09:35","modified_gmt":"2019-11-05T03:09:35","slug":"has-stellar-xlm-followed-ripple-xrp-with-massive-crypto-supply-manipulation","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/stellar-xlm\/has-stellar-xlm-followed-ripple-xrp-with-massive-crypto-supply-manipulation\/","title":{"rendered":"Has Stellar (XLM) Followed Ripple (XRP) With Massive Crypto Supply Manipulation?"},"content":{"rendered":"

A few hours ago the Stellar Development Foundation burnt a whole bunch of XLM. Ripple have also been fiddling with crypto token supply recently in a possible ploy to inflate token prices. Stellar Lumens pumped 25% on the announcement and XRP also got a lift, but are they connected?<\/p>\n

Stellar Pumps On Crypto Token Burn<\/h2>\n

Just a couple of hours ago it was revealed that the Stellar Development Foundation has burned 55 billion XLM from their total supply.<\/p>\n

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\u201cWe just burned 55bn lumens\u201d \u2014 @DenelleDixon<\/a>, CEO @StellarOrg<\/a> pic.twitter.com\/9ipTLEkKfu<\/a><\/p>\n

— meinhard (@meinharrd) November 4, 2019<\/a><\/p><\/blockquote>\n