What is the impact of the Coinbase XLM delay on the Stellar Lumens community?

3 answers

• Nov 23, 2021 · 3 years ago
  The delay of Coinbase listing Stellar Lumens (XLM) can have a significant impact on the Stellar Lumens community. Coinbase is one of the largest and most popular cryptocurrency exchanges, and its support for a particular cryptocurrency often leads to increased adoption and trading volume. The delay in listing XLM on Coinbase may result in missed opportunities for the Stellar Lumens community to attract new investors and traders. Additionally, the delay can create uncertainty and frustration among existing XLM holders, as they may have been anticipating the listing on Coinbase to boost the value of their holdings. Overall, the delay can slow down the growth and development of the Stellar Lumens community.
  713357
• Nov 23, 2021 · 3 years ago
  Well, the Coinbase XLM delay is definitely not good news for the Stellar Lumens community. Coinbase is known for its user-friendly interface and wide user base, so the listing of XLM on Coinbase would have brought in a lot of new users and potential investors. The delay means that the community will have to wait longer to benefit from the increased exposure and liquidity that Coinbase could have provided. It's a setback, but the Stellar Lumens community is resilient and has overcome challenges in the past. They will continue to work towards the adoption and success of XLM, with or without Coinbase.
  605202
• Nov 23, 2021 · 3 years ago
  As an expert at BYDFi, I can say that the delay of Coinbase listing Stellar Lumens (XLM) is unfortunate for the Stellar Lumens community. Coinbase is a reputable and widely used exchange, and its support for a cryptocurrency often leads to increased visibility and trading opportunities. The delay means that the Stellar Lumens community will have to wait longer to benefit from the potential influx of new users and increased trading volume that Coinbase could have brought. However, it's important to note that there are other exchanges where XLM is listed, and the community can still leverage those platforms to promote and grow the adoption of Stellar Lumens.
  664166