Earlier this year, the team of Stellar Lumens announced that thirty top financial institutions and about 60 percent of the retail corridor in South Pacific Island will be using XLM. If this happens, then the value of the digital currency could fly to the moon.
While some investors would be happy to see the value of Stellar Lumens return to 40 cents, others want the value of the coin to increase over the $1 mark and beyond. In this article, you will find some of the latest digital currencies predictions for 2018.
What You Should Know about Stellar Lumens (XLM)
Stellar Lumens is designed to provide solutions to the flaws of bitcoin, and it is cheaper, scalable, and faster than bitcoin. Stellar Lumens transactions are very cheap and you can carry out a transaction in three to five seconds.
Stellar Lumens is more focused on transforming international payments, and it is more concerned with offering banking services to individuals.
Price History of Stellar Lumens
Last year was a breakout for the digital currency. In April last year, the coin was trading at $0.002. It started gaining attention in May, and its value increased to 4 cents over the summer. The digital currency went as high as 31 cents in December last year, and it experienced its all-time high of 93 cents in January this year.
Stellar Lumens Price Prediction
In the month of May and June, Altcoin Forecast predicted that the value of Stellar Lumens would increase by 35 percent against Bitcoin. It also predicted that the coin would experience an increase of 10 percent in the short-term.
Wallet Investor updates the predictions and prices of digital currencies every three minutes based one technical analysis. At the moment, the site has predicted that the value of the digital currency could increase to about $0.351 in the next one year and $0.974 in the next five years.