Stellar price predictions 2018: Stellar is a platform which has been created to enable digital asset transfers. The organization wich has developed it is the stellar development foundation. It is a non-profit organization. In the last 12 months, the performance of the cryptocurrency has been outstanding. The overall gain is even more than 900%.
Most of the investors are keen to find out whether it can provide a significant positive return in the current calendar year or not.
Stellar price predictions 2018:
According to some predictions, it would end the year 2018 at around $ 0.7. By the year 2021, it would be able to reach the $ 1 mark.
The development team has announced that more than 30 banks would start using their network. If indeed, that happens the value of the token would appreciate much more.
In terms of protocol, it is similar to Ripple. The only difference is that ripple targets the bigger end of the market that is the financial institutions and corporate transfers. On the other hand, when you look at stellar, it targets the smaller transactions. It targets the individual and retail transactions. Also, it has partner agents which it is trying to increase. They normally facilitate the transactions.
If indeed, banks are able to use stellar, that would be a huge boost for the cryptocurrency token. This would also increase the demand for the cryptocurrency.
If you’re looking to invest in stellar, it is a good idea to wait for a dip. But this already missed. You would be able to get a return of around 55% to 60% if we you were to buy it on a dip of 10%. This would ensure that in the remaining 10 months of 2018, you are able to get a good enough return.
You need to, however, keep in mind that stellar is very volatile. It is not considered to be among the blue-chip cryptocurrency. Thus, if you have the appetite of volatility, that is only when you should think about investing in stellar. Otherwise, it is a good idea to stay away from the cryptocurrency.
If you’re looking to diversify your cryptocurrency portfolio with something which can provide you with moderate returns but good development potential, stellar can be a good fit into your portfolio. You need to, however, keep a watch on the execution strategy of the company.