IBM Will Boost The Stellar Lumens Price and XLM Will Hit $50 – How High Can XLM Climb?

The Stellar Development Foundation spares no expense on promotions. This is why it has sponsored many free Stellar Lumens incentive programs to create more awareness about Stellar Lumens and educate the public about the Stellar Lumens blockchain. One of the latest airdrops sponsored by the Stellar Development Foundation was the Stellar Coinbase airdrop. This was one of the largest airdrops in history and it caused a lot of buzz around Stellar Lumens at the time.

One key reason why Stellar is most likely going to succeed is that it only has XRP to overshadow, XRP. You see Stellar Lumens is a bankers cryptocurrency just like XRP. While it was created to reinvent the traditional remittance sector by attending to the needs of individuals, it has now become a favorite of institutions. The partnerships with IBM proves this. IBM would have used the Ripple blockchain and the XRP token but it decided to use Stellar because it understood that Stellar was an improvement on Ripple. Because of this partnership, Stellar Lumens will become the official cryptocurrency of many banks.

Stellar Lumens Price Prediction 2019

At the time of writing, the price of Stellar Lumens XLM was $0.133350. Unfortunately, Stellar Lumens has fallen from the 9th to the 12th position on CoinMarketCap within May alone. This doesn’t mean the price of XLM isn’t going to recover.

Stellar (XLM) Price Today – XLM / USD

NamePrice
bitcoin
Bitcoin
$13,490.13
stellar
Stellar
$0.078

The project with IBM alone can potentially drive Stellar Lumens to the top five. This is why the Stellar Lumens price prediction 2019 places the price of XLM at nothing less than $1. The Stellar Lumens price prediction 2020 places the price between $5 and $10. The latest Stellar Lumens price prediction on CryptoNewz places the price of Stellar Lumens at $1 by the end of 2019 and between $10 and $50 in the next two years.

Stellar Lumens XLM News Today – 10th June May Be An Important Day For XLM Community

Stellar Lumens has been able to maintain a spot as one of the most promising assets in the cryptocurrency space. Even if Stellar Lumens isn’t among the big three, the Stellar Development Foundation has been able to make a name for the blockchain and the token with strategic partnerships and state of the art technology.

While Stellar has sealed many partnerships in recent months, one of the most important one is the collaboration with IBM. You see IBM would be using the Stellar blockchain for its World Wire project. If this move doesn’t lead to massive adoption of Stellar Lumens and impact the Stellar Lumens price prediction, nothing else can.

Stellar Team tweeted about Stellar Network upgrade to Protocol 11 on June 10th. As per the information, June 10th will be seen as a big change in terms of upgrading their networks. At 16:00 hours at UTC, the validators will be voting for Protocol 11. They want to inform the users, developers, and traders as to how this protocol will really help the network. With the help of better transaction pricing, the introduction of the offers when you buy along with improvement in network capacity; we might be able to notice some changes soon.

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Carolyn Coley is a blockchain reporter. She joined Smartereum after graduating from UC Berkeley in 2018.

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