Stellar Lumens (XLM) Price Bounces Back After Being Dragged Into Controversy with Ripple

Stellar Lumens is one of the most adopted and active crypto projects in the cryptocurrency space. The blockchain project has proven to be very useful. As such, it has bagged a lot of strategic partnerships over the past years. Stellar Lumens solves a unique problem in the crypto space, just like Ripple’s XRP. In fact, Stellar Lumens is the only major rival of XRP in the industry.

The price of Stellar Lumens, Stellar Lumens price prediction 2019, Stellar Lumens news today, and the developments around the coin has significantly contributed to its growth over the years. Stellar Lumens price forecast has made many digital asset investors invest in the coin. The bullish Stellar Lumens news today has also contributed to the array of partnerships Stellar Lumens boasts of today.

The Price of Stellar Lumens Recently Dipped after Controversy with Ripple – Will Stellar Lumens Price Recover?

Stellar Lumens was hard forked Ripple. The blockchain was recently dragged into controversy after having disagreements with Ripple. This disagreement impacted the entire system of Stellar Lumens significantly. The entire system was down for about two hours. Developers at the blockchain of stellar confirmed this occurrence. Via a tweet, Tim Swanson also confirmed this. The debate about decentralization also erupted as a result of this incident.

Back in April, the chief scientist at Stellar said that one of the major concerns for Stellar Lumens is decentralization. He further added that Stellar Lumens is not decentralized. Adding that the centralized nature of Stellar Lumens makes it insecure. This controversy had a significant impact on the price of Stellar Lumens for a short period of time.

Stellar Lumens News Today: Coinbase Set to Dish out $100M in Crypto – Stellar Lumens Is on the List

This is one of the few bullish Stellar Lumens news today that has contributed to the significant comeback of the digital currency. According to a recent announcement, Coinbase – a very popular digital currency trading platform – will be giving away $100 million in Stellar Lumens, Ox, and Basic Attention Token.

For Coinbase users to earn free tokens, they have to complete tasks, answer quizzes, and try news decentralized protocols. The initiative is called Coinbase Earn, and it is giving out a total of $100 million in crypto. With this development, Coinbase users with a smartphone in any of the supported countries can earn Stellar Lumens (XLM) or any of the other coins by just learning more about cryptocurrencies.

Stellar Lumens Price Prediction 2019 – Stellar Lumens Price Forecast – XLM USD Price – Stellar Lumens New Today

The price of Stellar Lumens is currently hovering around the $0.14 level. Stellar Lumens is currently trading in the green and it might test a new high soon. Some analysts believe that stellar lumen price will plunge towards the $0.10 before it corrects higher. The next major hurdle of the coin is at the $0.25 mark. Stellar Lumens price prediction 2019 is 30 cents. The price prediction of Stellar Lumens for 2020 is $1.

Stellar (XLM) Price Today – XLM / USD

Name Price24H (%)
Bitcoin (BTC)
$10,515.00
6.79%
Stellar (XLM)
$0.087899
5.61%

At the press time, XLM USD live price is $0.1412 after an increase of about six percent over the past twenty-four hours. The current market cap of the digital currency is $2.66 billion. The trading volume of the digital currency over the past twenty-four hours is $392.76 million.

Princess Ogono is a writer, lawyer and fitness enthusiast. She believes cryptocurrencies are the future. When she's not writing, she spends time with her adorable cat, Ginger and works out often.

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