Stellar Lumens XLM price suffered the negative effect of the market correction a few days ago as it took as dip below a key support. There were rumors that the significant and sudden fall in the price of Bitcoin was due to price manipulation in the market. This morning, the market started moving in the opposite direction recovering from the recent losses that were suffered during the price correction. As the market started recovering and the price of Stellar Lumens became bullish, investors started to rejoice and their hope in the bullish Stellar Lumens price prediction 2019, Stellar Lumens price prediction 2020 all the way to the Stellar Lumens price prediction 2025 was rekindled. In our Stellar Lumens news today, we will talk about the $1 Stellar Lumens price prediction 2019 that has been circulating online.
Stellar Lumens News Today – Stellar Lumens Price Prediction – XLM Price Prediction – Stellar To The Moon
Stellar Lumens has a bright future. This fact cannot be disputed. While things like the Stellar Coinbase listing and the Stellar Lumens airdrop by the Stellar Development Foundation have contributed to a surge in the price of XLM and adoption of the Stellar blockchain, IBM helped to increase adoption for Stellar by using the XLM blockchain for a project with its partner banks. This project is going to lead to mainstream adoption of the Stellar network. As more people come to learn about the network and use it, they will also learn about the XLM token. This will eventually lead to an increase in the price of each token.
Just like XRP, XLM can be used for cross-border payments. It is faster, cheaper and more efficient than the traditional systems. Unlike XRP, however, the Stellar Development Foundation has a good reputation. One of the problems Ripple has been facing is constant criticism from members of the cryptocurrency community. Recently, Ripple was accused of under-reporting data from its Escrow accounts. This is just one out of the numerous accusations that XRP and Ripple have faced over the years. Bad press for XRP is giving XLM more credibility. People who want to enjoy the cross-border remittance service that both networks provide without being associated with Ripple can use XLM.
Stellar Lumens Price Prediction – Stellar Lumens Price Analysis – Current Price Of XLM
At the time of writing, the price of XLM was $0.138415. It is up by 5.68% against the USD and down by 2.50% against the price of BTC. The trading volume over a 24 hour period is $487,162,392 and the market capitalization is $2,659,413,734. Over the last 30 days, the price of XLM has moved within the $0.158 to $0.088 range. The market capitalization is up by 32% I’ve the last 30 days.
The Stellar Lumens price prediction on CryptoNewz places the price of Stellar at $1 by the end of the year. Considering the fact that Stellar sold at $0.938 when it reached its all-time high, $1 may seem unbelievable on one hand. On the other hand, when you put the positive developments surrounding XLM into consideration coupled with the positive sentiment in the wider market, you’ll see that the $1 mark for XLM isn’t unachievable.
What do you think about the XLM price prediction 2019 in our Stellar Lumens news today? Share your thoughts about the Stellar Lumens price prediction in the comment section.