Stellar
$0.3255 1.47%
XLM · 3d

When China banned crypto

So in May, we saw XLM shoot up to $0.77ish right when China told its citizens no. The whole market at that point was right around $2.5T. Obviously everything tanked right after, but it crept back up to $2.4T on September 6th. XLM on September 6th? $0.39. When China did what they did, a crap ton of people used XLM to exchange their crypto to something cheap, fast, and secure to send it somewhere else to be converted back to Yuan. Thoughts?
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