However, it spent much of the time in between those two peaks trading way down in the single-digit cents, bottoming out under a nickel. As is the case with so many of its crypto cousins, an investment in stellar lumens is an investment in volatility.
In 2021, Cyberint reported on a phishing scam that targeted holders of stellar lumens. The fraudsters sent XLM owners a very convincing email that appeared to come directly from Stellar. The message explained that Stellar was conducting a promotional giveaway, airdropping lumens into the accounts of Stellar users as a reward and a promotion. 59ce067264