3 Metrics That Show Stellar (XLM) May Flip Shiba Inu Soon

By: bitcoin ethereum news|2025/05/12 22:15:05

Stellar (XLM), the major rival to XRP on the crypto market, has survived a volatility scare and bounced back by over 6%. The asset looks set to take on dog-themed Shiba Inu (SHIB) in terms of ranking by market capitalization. Price performance and open interest boost According to CoinMarketCap data, in the last 24 hours, XLM traded at $0.3242, representing a 5.89% uptick. Meanwhile, trading volume has also increased by 11.88% to $378.05 million. Notably, XLM overcame the volatility test it encountered as it sought higher price levels. Market participants were concerned about XLM’s ability to flip the $0.3161 level and if it could sustain the momentum. You Might Also Like The recent price movement shows that XLM has the potential to ride the current wave and could proceed to flip SHIB. The dog-themed Shiba Inu currently has a market capitalization of $9.9 billion but a lesser 24-hour growth rate of 4.64%. Comparatively, Stellar’s higher growth rate of 6.99% puts it on the path to surpass SHIB in no time if it sustains its current momentum. Already, XLM charts suggest a likely breakout ahead. Furthermore, the coin’s investors are betting on a further rise, as signaled by the asset’s Open Interest. Within the same time frame, there has been a 13.93% surge in Open Interest as market participants flock to different exchanges. According to CoinGlass data, traders on the market have committed a total of $218.50 million to secure 663.62 million XLM. This indicates growing confidence among investors in the asset’s price outlook. You Might Also Like Stellar whale activity could seal flip Notably, Stellar has mirrored XRP’s growth trajectory, which could trigger whale action in the ecosystem. With the current setup, if XLM whales intensify activity, this could cause a spike in trading volume, leading to a further possible price increase. Such a development might contribute to XLM flipping SHIB in the coming days. Source: https://u.today/3-metrics-that-show-stellar-xlm-may-flip-shiba-inu-soon

Federal Reserve Chairman Waller clearly stated at the ECB forum that the Fed will abandon forward guidance on interest rates, with future decisions relying entirely on real-time economic data. He noted that inflation risks in the U.S. have decreased over the past four weeks, but the ultimate impact ...

Robinhood launches its own blockchain, no longer wanting to be a tenant on others' chains

While laying off employees and issuing bonds, it is the predictive market business that temporarily supports the income.

Why Tokenized Stocks Are Booming in 2026 While Crypto Is Still Struggling

Why are tokenized stocks booming while the crypto market struggles? Explore the latest 2026 data, institutional adoption, and what it means for traders.

Former ByteDance employee's account: How I started with two Pinduoduo hard drives and made six times the profit with Seagate to achieve financial freedom?

A programmer from a big tech company bought hard drives on Pinduoduo and, following clues, managed to accurately capture the sixfold rising stock Seagate using the "finding daily anomalies + 13F institutional verification" framework, making a wild profit of $400,000 and achieving financial freedom.

MiCA reshuffle begins, Binance temporarily bids farewell to the EU

What Binance leaves behind is not scattered retail investors, but a whole batch of high-value users who are forced to liquidate and have almost nowhere to go.

How does Gate redo "buying and selling stocks" from the cryptocurrency world to the stock market?

The competition logic of exchanges has changed.

Visa and Mastercard join 140 giants to launch a new stablecoin, but the impact on the market landscape may still be limited

As an important milestone event in the stablecoin landscape, OUSD is likely to change the existing stablecoin landscape and significantly increase the adoption rate of stablecoins in the global financial system.

Circle CEO responds to OUSD's challenge: Stablecoins are a winner-takes-all business, and we will not slow down

OUSD was jointly launched by more than 140 giants, causing Circle's stock price to plummet in a single day. Circle's CEO personally wrote a response, clarifying USDC's moat from three aspects: network effects, liquidity, and regulation, and dismantling OUSD's three selling points of "free redemption...

Argentina vs Cape Verde: When a Record-Breaking Legend Meets an Unbreakable Underdog

WEEX exclusive pre-match analysis of Argentina vs Cape Verde, exploring Messi-led Argentina’s dominance and Cape Verde’s historic defensive breakout, with a breakdown of volatility, structure, and match dynamics.

WEEX Launches Depth Chart for Spot Trading

WEEX Spot now supports Depth Chart, helping users visualize buy and sell orders, spot liquidity walls, and understand market depth more clearly before placing trades.

Raising interest rates to protect STRC and selling coins to maintain credit, this time the strategy has chosen the two most expensive paths

The rebound in BTC prices can make all problems simple.

Morning Report | Samsung announces a 265.5 trillion won investment plan, focusing on semiconductor and AI computing power data centers; Vitalik publishes an article detailing the entire technology tree behind the confusion protocol (iO) mainline

Overview of Important Market Events on June 29

In the era of AI, what is left of Bitcoin?

AI can generate a fake image, create a fake video, and even forge a person's voice. But it cannot make the entire Bitcoin network acknowledge a non-existent transaction out of thin air.