Stellar Price Prediction — How Much Will the Cost of XLM Be in 2019-20-25?
Hey Everyone,
Welcome, In addition to Bitcoin, there are many other coins to choose from. Stellar is just one of the promising altcoins for investing, it has caught my eye ever since it's conception
Contents
Summary of Stellar Lumens Rate in 2018
Stellar Lumens Price Prediction 2019
Stellar Lumens Price Prediction 2020
Reasonability of investing in Stellar Lumens
XLM digital currency is intended to handle a worldwide issue: to build up the monetary foundation for fast and simple payments. The key point of the founders was to build up a decentralized ecosystem that offers both individuals and organizations to make transactions without third-parties and in this manner diminish exchange costs. The new coin showed up due to the hardfork of Ripple, however, after a year, it changed to its own open source convention.
Stellar Lumens is going to implement plans to provide each user with an excellent opportunity to create special tokens that can be evaluated inside Stellar in almost any currency, even in fiat. In contrast to large exchanges, trading in the platform will take place without intermediary centralized schemes. The company talks about creating a new blockchain network with a built-in decentralized exchange.
Using this ecosystem, you can also make money transfers. For example, you can create a dollar-token, evaluate it at $1, and it will always be tied to the rate of the American dollar, not XLM. This gives the huge potential for using Stellar cryptocurrency in the real world.
The advantages of Stellar include the following specific features:
Users have the ability to create a large number of microtransactions inside the Stellar crypto-network;
Low commission rates when conducting even large transactions using network software tools;
Full compatibility of the platform with other financial instruments;
The chance to use any fiat or digital asset;
The coin operates in real-time conditions, therefore, it is completely dependent on the market situation, which makes it possible to predict its exchange rate against the dollar and other fiat money;
An advanced cryptographic system is used within the network, which improves the overall security and reliability of transactions performed;
Support for automatic token exchange;
Based on the Stellar Lumens software protocol, third-party developers can create various plug-ins aimed at facilitating currency operations.
Summary of Stellar Lumens Rate in 2018
The rate of XLM for 2018 showed calm dynamics, with the exception of 2 waves of coin growth. Regarding the first one, it happened at the end of December 2017 and demonstrated a limit of $ 0,88. The cause for this was that the popular exchange OKEx added Stellar to the platform. However, after that, the rate was decreasing over 4 months, and only at the end of April ’’bears’’ started to dominate again.
The second growth took place in July as a result of a few important factors: listing on Coinbase, getting Sharia certificate from the Bahrain bank.
Stellar Lumens Price Prediction 2019
Most specialists pick to believe that while the crypto market is in a decrease, the rate of the coin will float at about a similar dimension - $ 0,22-0,25. What's more, just for 2019, it is anticipated that the popularity will grow. There could be a few purposes behind that: the interest of serious financial establishments, whose number is increasing step by step.
Huge numbers of the events that happened with Stellar in 2019 are considered as a positive sign. First of all, it concerns the signing of beneficial agreements with businesses, investors, financial bodies.
Stellar also cooperated with Pundi X, an ecosystem for processing transactions. Stellar founders just do not find it profitable but also consider it as a wonderful opportunity for the future. It is expected to use XML as the primary method for preceding transactions with the Indonesian rupee as a major aspect of this collaboration.
The collaboration with IBM, which is one of the world's biggest producers of hardware and software equipment, gave a chance to the technological giant to proceed cross-border transactions using Stellar and turned it into one more potential growth factor.
Analyzing the goals of the Stellar Lumens platform for 2019, it is worth mentioning one more cause: the coin has chances to be a perfect place for ICO conducting and grab some share of the market from Ethereum. In the near future, the XLM team is about to introduce smart-contracts on its own platform.
The issue is that Ethereum blockchain is mostly written using the Solidity platform, which has similar features of JavaScript. This gives a lot of freedom in writing software code and the great pros of making complex transactions. However, it also opens loopholes for different hackers who write malware for Ethereum.
Cryptocurrency Stellar offers a new language that does not provide such freedom as Solidity. Smart-contracts remain one of the main concepts for the platform, but their overall configuration will be limited for security. Moreover, the founders will not need to hire a professional Solidity employee to work with Stellar.
Stellar Lumens Price Prediction 2020
Based on the initial plans of Stellar Lumens founders, its future prospects will depend on the number of financial structures that will begin to cooperate with this platform. Information about the signing of a new contract between representatives of the XLM coin and the new company has a positive effect on the quotes of this currency against USD and other fiat money. The most promising partnership contract for this platform was cooperation with the IT giant, IBM, the world leader in computer technology. The first results of this cooperation can be expected within a few years.
If you take into account the positive factors related to the cryptocurrency Stellar, you can count on the fact that it can enter into the number of world cryptocurrencies. Currently, this platform ranks 9th in terms of capitalization.
When you consider the forecasts of price predictions for 2020-2025, you should not simply trust economists and surveyors of the cryptocurrency market. It is important to understand that the coin is a volatile asset, so its value is extremely difficult to predict.
Reasonability of investing in Stellar Lumens
Investors should understand that when investing in Stellar or any other digital asset, one should not to wait for a big profit in a month. This project was initially positioned as a platform focused on the long-term existence and the gradual conquest of the user audience.
Thank you! Happy Trading!!!
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Thanks for information. By the way as i came to know that According to coinpedia Stellar Price Prediction the price will rise and surprise us by the end of 2019.
What's point of view on stellar price prediction?