The Stellar experiment has so far been a success despite the fact that the price of Stellar Lumens has passed through a few corrections in recent months. The project has implemented new strategies to make it a more engaging and efficient offering especially when it comes to cross-border payments. The latest initiative is Stellar’s goal to revolutionize the global payment sector via world wire.
Stellar’s technology can typically be used to digitize any worldwide payment system via world wire. The digital asset has managed to record more adoption following its moves in the financial world. The listing by IBM brought digital asset adoption from six more banks. Note that that these moves by the network have easily aided in the progress of the price of Stellar Lumens.
Stellar Lumens Price Prediction: The Price of Stellar Lumens at $0.130 as of May 11
Stellar is an open source, decentralized platform and home to the Stellar Lumens coin. It is taking on the financial world through features like faster transactions and better security. The network was built to address real-world challenges through the Blockchain.
Stellar Lumens is currently ranked number 9 among the top 100 cryptos by the Coin Market cap with an ROI of 3,061.76% and market cap of 1,870,214,398.
Stellar Lumens has a circulating supply of 19,184,659,308 XLM as of the time this content was published. The price of Stellar Lumens is over 5% higher than it was 24 hours ago which signals that the bulls are in play.
Stellar Lumens Price Prediction: Comparing the Price of Stellar Lumens Now and 40 Days Ago
The price of Stellar Lumens has been in a downward trend dropping by 28% from 40 days earlier. The value of the coin moved between $0.10 and $0.08 in the last 7 days. By April 8, the total market capitalization of the coin was $2,520,931,175, now $1,870,214,398. The price of Stellar Lumens was trading at $0.130 now $0.097485 with a 24-hour volume of $349,644,975 now $286,138,004. The price of Stellar Lumens has gained 5% in the last 24 hours despite dropping 28% from what it was 40 days ago.
Stellar Lumens Price Prediction: Long-term Analysis for the Price of Stellar
Stellar had recorded an all-time high on January 4, 2018, at 0.93 USD. The value of the coin has been showing a sideways trend since the beginning of 2019 when the price of each Stellar coin was trading at 0.11 USD. It dipped to almost 0.085 USD in the month of February and then again bounced back in March.
Currently, the price of Stellar Lumens is in a downward pattern. However, IBM’s introduction of world wire may force bullish momentum to follow soon. Besides, the Stellar foundation has support from firms like Deloitte and a number of global banks working for its own growth. The price of Stellar Lumens can reach $10 by the end of 2019 and can cross USD 100 by the end of 2020.
Investors may profit if they buy Stellar Lumens in small amounts after two weeks before observing the movement of the price of Stellar Lumens for a month before investing hugely.