Stellar (XLM) price dipped by more than 9% recently before a panic rally pushed its value up again. Currently down by more than 4.5% in the last 24 hours, XLM is trading around the $0.325 levels and has a market capitalization of more than $9.9 billion.
XLM price drop is the result of the bigger, grimmer picture of the cryptocurrency market currently. But that does not mean there are no gains to be made. There are some key altcoins currently which offer the perfect recipe to capitalize on the current volatile market conditions and make profits in the short and long term.
XLM Price Drops 4%—Why Is That?
The only solid answer to this question is Bitcoin’s recent correction away from the $100K mark. There is no significant social news that could be the reason for this dip. However, some say that the Fed Chair’s hawkish remarks, which have grown all too common recently, is the reason for BTC’s recent markdown.
This drop has pulled down all high-cap cryptos, including Stellar. While the innovative aspects of XLM are keeping the token afloat, they are not strong enough to decouple the blockchain project from Bitcoin’s price action. That has made finding the best altcoins much more necessary right now.
Top 3 Cryptos To Buy While XLM Price Drops
Official Trump (TRUMP)
Even if there is a rebound after XLM’s drop, don’t expect it to be too high. A high-cap token can only pump by digits at most these days. Meme coins, on the other hand, tell a different story.
History was written when the US President’s official meme coin, Official Trump, made its debut on the market. As degens closed their positions on their other assets to jump on the “TRUMP Train,” they made enormous gains, spurred by Donald Trump’s re-election and his positive outlook on cryptocurrencies.
It was not long after that TRUMP got the second-biggest meme coin by market capitalization. Since then, the token’s value has moved alongside Donald Trump’s “executive” antics. While Stellar price dropped, TRUMP’s recent firing spree pushed the TRUMP price past its $20k resistance a few days ago, and now, it is trading at lows of $17. But hope remains for another pump, and another good day for intraday gains with TRUMP, making this Solana-based meme coin one of the best options to capitalize on the XLM’s dip.
DexBoss (DEBO)
Though XLM price caught the eyes of many, newcomers are now making news. Available on presale, DexBoss (DEBO) is poised to chart up by close to 400% by the time it lands on cryptocurrency exchanges. Currently available on discount at a price of $0.011, DexBoss will go live on an exchange at $0.0505.
A further move upwards may be possible for its native token, DEBO, thanks to a long list of facilities it offers. DexBoss aims to differ from standard DEXs by offering not only spot trading, but also futures, options, and trading on leverage. Cross-chain compatibility will ensure most are able to use the platform’s services and with comprehensive trading tools, investors can potentially trade better.
All of these, combined with a little from positive marketing, can cause the DexBoss price to experience a parabolic uptick post listing.
Binance Coin (BNB)
BNB Smart Chain’s BNB is a surprising entry to the top altcoins list because it is one of the few assets to have experienced a surge in the last 24 hours. Currently trading around the $670 level, it has a market capitalization of over $95 billion.
There has been a marked increase of more than 22% in the token’s trading volume recently. And the reason behind it is the recent BNB Chain updates.
Two updates have been introduced to the BNB Chain recently. The most recent among them is unlocking the ability for validators to optimize transaction order within blocks.
Trading memecoins? Speed matters.
BNB Chain now allows validators to optimize transaction order within blocks, making trades more efficient.
Read more
https://t.co/NkRdnjtaYi
— BNB Chain (@BNBCHAIN) February 17, 2025
Simply put, BNB Chain will now focus on the cornerstone of the current crypto market: meme coins. Prioritizing meme coin transactions, BNB Chain is making a play to keep degens engaged with the crypto community, fueling the trading volume in hopes to push the blockchain economy back on track again.
The other, older update is partnering with three MEV protection solutions to address the problem of sandwich attacks. The hope is that these updates will help users engage with a more secure DeFi trading experience.
Final Words
With XLM price fluctuating, investing in promising altcoins like TRUMP, DEBO, and BNB could yield significant gains during market volatility.
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