Stellar Price Prediction
QUICK NAVIGATION :
- Stellar Price Today
- Stellar Recent Updates
- Fundamental Analysis
- Technical Analysis
- Stellar Price Prediction
- Our Prediction
Stellar seems to be one of the unique cryptocurrencies that handled to survive the crypto winter. However, few crypto experts assume that XLM will surely double its price.
While Stellar being one of the top-10 cryptocurrencies, is stuck at the level of around $0.08. However, traders and investors are optimistic about the coin and predict a major increase.
So, what is Stellar Lumens price prediction 2019, and what can enhance XLM growth?
Well, on complete research from different sources, I have summarized the Stellar Price Prediction in detail.
Let’s dive in…
Stellar Price Today
With the Market Cap of $ 1.18 B and a huge circulating supply of 19,212,912,981 XLM coins, Stellar sells for $ 0.05857. Stellar is in the 9th place in the rating of world cryptocurrencies. It is available on multiple exchange platforms. Thus, you can easily purchase some coins.
Stellar was introduced by Jed McCaleb in the year 2014. It is a open source network, distributed, and community owned network used to assist cross-asset transfers of value.
The main objective of Stellar coin is to aid cross-asset transfer of value at a fraction of a penny, while targeting to be an open financial system that provides people of all income levels access to less cost financial services.
Couple of years ago, the xlm price faced a major breakdown. Stellar coin price in April 2017 was below $.002 USD. However, it started to gain some attention in late summer.
Last year, John Mcafee, founder of software company McAfee, tweeted that Stellar might be “the next bitcoin”. But, as per his prediction the price didn’t reach the expected levels.
The xlm price really increased in Q4 2017, along with other altcoins. Moreover, Stellar managed to hold a decent amount of its valuation when the bear market commenced.
Even though Stellar price decreased in January 2018, when you compare it to April of 2017, the coin has grown 2,900% in one year! Which is pretty amazing!
The highest point in December was $.31 cents. Then in January 2019, Stellar raised to a new peak growing to its all-time high of $.93 cents.
Although, it’s possible that Stellar could lose more value against Bitcoin, it is unlikely to crash severely against fiat currencies like the USD.
Let’s see the rollercoaster ride of stellar in 2019
Stellar Price Prediction
Stellar Price Prediction 2019
The majority of Stellar predictions seems that the Stellar price will soar this year.
Stellar is stepping ahead of its competitor by announcing a partnership with TransferTo, which will boost international money transfer.
Although 2019 might experience the continuity in the success of Stellar, where it might float over $0.30, after which it might catch up to reach around $0.4 in the next quarter.
As it is in partnerships with the famous tech giants- IBM and Deloitte, it will be a market player in 2019. By the end of 2019, the XLM price might reach $0.5.
Stellar Price Prediction 2020
By analyzing the current performance, we can observe that XLM might get over 120% in the course of 2020, reaching the maximal price of $0.60 by the end of the year. Moreover, Google predicts $50 per one XLM unit in 2020, which is more than enthusiastic at this point.
However, opinions are divided, so few expert predicts that XLM will only get closer to its previously set record price by reaching the value of $0.70 by the end of 2020.
Stellar Price Prediction 5 years
Accordingly, with the latest performance of XLM and its established growth, we can predict based on calculations that XLM might go for $1.19 by end of 2025.
However, few enthusiasts believe that XLM will get above this value, skyrocketing with the increased use of Stellar as one of the fastest currencies in the crypto market.
Ben Ritchie, CEO of Digital Capital Management
Stellar managed to gain enough respect in 2018, so it will reach momentum in 2019 for further development. Its blockchain will continue solving problems, so the number of investors and partners is expected to increase. He believes that XLM will reach $0.14 by February 2019 and $0.35 by the end of the year.
“Stellar lumens is one of the most interesting projects in crypto today, and with Jed McCaleb leaving Ripple to head XLM, there’s a lot left to be seen. If you pay attention to Stellar’s charts, it’s one of the few that have held its value in 2018 — and I believe it is thanks to their business development behind the scenes. I’ve seen many projects abandoning ETH all together to develop on Lumens. 2019 will be a very critical year for the Stellar foundation.”
Mega Crypto Price
The price forecast at Mega Crypto Price has been very optimistic for all the cryptocurrencies and its the same for XLM, too, predicting that Stellar could be worth $5.10 by the end of 2019. The team says that this can be achieved as long as there are no major security flaws and the overall sector performs well.
Considering all things, it’s clear that Stellar has a huge potential to rise. It’s unique blockchain can provide benefits for banks and corporations.
Overall, if you’re searching for a major altcoin with the potential to see compelling growth in 2019, Stellar may be a good choice.
With solid fundamentals backing the project and the technical side of things seems strong, there appears a little risk when it comes to investing in Stellar for the long term.
Stellar Recent Updates
- Franklin Templeton Investments To Use Stellar Blockchain
Franklin templeton is a multi-billion-dollar asset management company. They’re planning to use the Stellar Blockchain for new funding. On September 3, the company filed a preliminary prospectus with the U.S. Securities and Exchange Commission. This was basically to money market fund whose shares would be recorded on the Stellar Network. According to the prospectus, “the fund would not invest in any cryptocurrencies or crypto projects. But, the ownership of the Fund’s shares may be maintained and recorded solely on the Stellar network.”
- Velo Launches Stablecoin Through Stellar Network
Velo is a largest conglomerate in Thailand which is backed by a family member of the CP group. This platform has now enabled the real-world business use cases of the stablecoins through the stellar network. Velo is a next gen financial protocol which eases the open and trust less credit network. This is basically for businesses, which are successful by enabling stable credit and stable coin issuance on distributed ledger. This protocol fortifies the stability of digital credit through Digital Reserve System.
- Stellar Now Listed On eToroX Exchange
On August 7, 2019 eToroX which is the blockchain subsidiary of global investment platform eToro announced that Stellar is now listed on the eToroX. The currency is tradeable against other cryptoassets and stablecoins. USD (XLM-USDEX) GBP (XLM-GBPX), Japanese Yen (XLM-JPYX), Euro (XLM-EURX), and with Bitcoin (BTC-XLM), and Ethereum (ETH-XLM) are the available pairs.
- Binance Announced Support for Stellar Coin Staking
Binance will now support Stellar staking and also giveaway the 1st staking reward amount equivalent to roughly 10-12 months worth of staking rewards!
Binance to launch an airdrop of 9.5 million XLM tokens as initial staking reward, which are worth over $775,000.
According to Binance exchange, the Stellar rewards for staking would be in addition to the existing staking rewards it supports, like NEO (GAS), Ontology (ONG), and VeChain (VTHO).