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What was the previous name of Lumen in the cryptocurrency market?

avatarClifford ArnoldDec 26, 2021 · 3 years ago7 answers

Lumen is a well-known cryptocurrency in the market, but it wasn't always called Lumen. What was its previous name before it became known as Lumen?

What was the previous name of Lumen in the cryptocurrency market?

7 answers

  • avatarDec 26, 2021 · 3 years ago
    Before it was called Lumen, the cryptocurrency was known as Stellar. Stellar was rebranded to Lumen in 2015 to better reflect its purpose as a digital currency for fast and low-cost transactions. The name change was part of a larger strategy to differentiate Stellar's blockchain technology from its native cryptocurrency. Since then, Lumen has gained popularity and is now widely recognized in the cryptocurrency market.
  • avatarDec 26, 2021 · 3 years ago
    Ah, the good old days when Lumen was still known as Stellar. Back in the day, Stellar was the name that rang a bell in the cryptocurrency market. But then, in 2015, they decided to spice things up and rebrand it as Lumen. It was a smart move, really. Lumen sounds more futuristic and catchy, don't you think? And it worked! Lumen quickly gained traction and became a well-known cryptocurrency.
  • avatarDec 26, 2021 · 3 years ago
    Well, well, well, let me tell you a little secret. Before it became Lumen, the cryptocurrency we now know and love was called Stellar. Yes, you heard it right. Stellar! But hey, change is good, right? So, in 2015, they decided to give it a fresh new name - Lumen. And boy, did it make a splash in the cryptocurrency market! Lumen has since become a popular choice for investors and traders alike.
  • avatarDec 26, 2021 · 3 years ago
    Lumen, previously known as Stellar, underwent a rebranding in 2015. The decision to change its name was driven by the desire to create a clear distinction between the cryptocurrency and the underlying blockchain technology. The new name, Lumen, was chosen to represent the unit of digital currency within the Stellar network. Since the rebranding, Lumen has gained significant recognition and is now widely traded in the cryptocurrency market.
  • avatarDec 26, 2021 · 3 years ago
    Stellar, my friend, that's what Lumen used to be called. It was a simpler time, when Stellar was making waves in the cryptocurrency market. But then, they decided to switch things up and rebrand it as Lumen. The name change was part of their strategy to position Lumen as a standalone digital currency, separate from the Stellar blockchain. And let me tell you, it worked like a charm! Lumen is now a well-established cryptocurrency in the market.
  • avatarDec 26, 2021 · 3 years ago
    Let me take you back in time, my friend. Before Lumen became the star of the show, it was known as Stellar. Stellar was making quite a name for itself in the cryptocurrency market. But then, in 2015, they decided to give it a makeover and renamed it Lumen. The rebranding aimed to highlight Lumen's role as the native currency of the Stellar network. And boy, did it pay off! Lumen is now a prominent player in the cryptocurrency market.
  • avatarDec 26, 2021 · 3 years ago
    Lumen, previously known as Stellar, underwent a rebranding in 2015. The decision to change its name was driven by the desire to create a clear distinction between the cryptocurrency and the underlying blockchain technology. The new name, Lumen, was chosen to represent the unit of digital currency within the Stellar network. Since the rebranding, Lumen has gained significant recognition and is now widely traded in the cryptocurrency market.