Crypto Markets Calm, But Free Stellar Lumens On Horizon

Investing, News | November 11, 2018 By:

A quiet morning so far in early trading in the crypto markets. Most of the top ten coins were relatively calm in light volume action.

Bitcoin stood at $6,300, down slightly from yesterday’s perch, while ether maintained at the $210 level.

The outlier in the top ten was Stellar Lumens, which was up 3.5 percent on news that digital wallet provider Blockchain will airdrop about $125 million in Stellar this week to its wallet holders. Each user will receive about $25 of the cryptocurrency for free. The airdrop is seen as a promotion for the coin.