Stellar XLM, like most other altcoins, also experienced an extended downtrend in the second part of last year. Now, despite taking the green action at the beginning of this year, things went worst for the XLM token after it saw its low price point back in February.
Since that time to this day, the price of Stellar Lumens has managed to double its value by 50%. It is now poised to reach a greater high. Much credit must be given to the team behind the stellar protocol that has stepped up and taken things more seriously. They have implemented strategies that can help position the coin for a major bullish rally.
Stellar Lumens Price Prediction 2019: Stellar Has The Potential to Draw in More Investors
According to a section of analysts, Stellar has actually set the appropriate fundamentals for investors to come in. Because XLM serves a function that is similar to that of XRP, the price of Stellar Lumens may also rally along with that of XRP. The reason for this is because the majority of the issues faced by players in the banking industry (particularly cross-border decentralized payments) can be tackled by XLM and XRP. Although XLM is becoming the preferred option for investors.
XLM will eventually become the go-to option for investors in the coming months. There’s massive potential for XLM. Only time will tell how things will unfold for the digital asset.
Stellar Lumens Price Prediction: The Price of Stellar Lumens Yet to Peak
The exceptional thing about Stellar is that it has not reached its best position yet. It is yet to peak. XLM is still at its baseline region but is gradually gaining momentum. It appears that Stellar is all set for a bull market after making moves to ensure significant developments and entering reliable partnerships in a bid to work wonders for XLM.
Stellar is Taking Advantage of Partnerships Amidst Reports of Listings By Payment Processors
The exciting news about Stellar’s moves is after the network entered a partnership with technology giant IBM. By doing this Stellar is using its initiative to include more banks globally through IBM to its Blockchain. Nevertheless, the crypto has made several meaningful developments including its listing on Coinbasez full integration with Trust Wallet. This will allow Trust Wallet send, receive, and store XLM.
Furthermore, Stellar has also entered a partnership with Deloitte. The Blockchain network has also been listed by Wirex. Wirex decided to make Stellar the new payment option for users on its network. Recently too Stellar has also been listed on Crypto.com. These recent developments and many more upcoming additions, as well as collaborations, have provided us with the reason why Stellar’s XLM token is relevant. This will likely take the price of the coin to reach an all-time high by year-end.
A move to the $0.4 range is a possible outcome for the price for Stellar Lumens. This could happen by the end of this year. However, if the prediction goes beyond this, then investors will enjoy a massive win. Hopefully, the price of Stellar Lumens will surpass the expectations of crypto analysts and experts.
Brian Lubin is a Crypto News Reporter for Smartereum. He's well-known for his reports on the crypto markets.
