Stellar Lumens XLM Continues To Tumble Shortly After 48-hour Recovery, Is Stellar Lumens Dead?

Stellar Price Analysis – Stellar is working relentlessly to boost the mass adoption of its digital asset. With the recent launch of StellarX mobile wallet for iOS users, the price of its token is expected to rise. The company has given full details about this mobile wallet to maintain a transparent relationship with the supporting community.

Stellar Price Prediction – Stellar Lumens News Today – Stellar Lumens Latest Update – Stellar Lumens Price May Rise Soon

Stellar is trying various methods to boost the current market statistics of its XLM token and increase the mass adoption of the crypto asset. Though the token recorded its lowest value yesterday at $0.086, it closed at $0.088 for the day. It dipped further today but may rise again and even hit $0.090 by the close of the day. Stellar Price Prediction suggests a price rise of up to $0.100 by the end of July.

Stellar (XLM) Price Today – XLM / USD

NamePrice
bitcoin
Bitcoin
$9,607.78-0.89%
stellar
Stellar
$0.070-2.43%

Stellar (XLM) is among the altcoins that are affected by the downtrend the crypto market is witnessing. However, the token is anticipated to rise and even hit $0.2 before the end of the year. Its 52-weeks high value was recorded at $0.3. The coin needs a steady surge to hit the same level or even above it. However, XLM has been witnessing mix trends since the beginning of 2019. Despite the bearish runs, the token has recorded some highs.

Stellar (XLM) has recorded a dip of over 36% within the past 30 days. As at 06:17:13 UTC on July 23, the token declined from $0.133 to its current value of $0.085. The crypto asset has recorded a continuous downtrend since the last week of June. It recorded a high at $0.097 following a little upward movement on the last Sunday. However, the token has plunged again.

The market chart of Stellar by TradingView on July 23 gave the statistics below:

The price of XLM coin is currently $0.085 and $0.00000851 BTC

The market value of XLM token has reached $1,695,839,129

The circulating supply of the token is 19,605,416,713 XLM

The 24 hours volume is noted to be $141,399,773

The ROI recorded is 2,809.61%

Stellar News Today-Any hope for an upsurge?

Despite being among the top cryptocurrencies, Stellar (XLM) suffers from the bearish trend of the crypto market. Stellar Price Analysis of XLM market chart on July 23 revealed a dip in the token price. The coin plunged from $0.094 to $0.090, a drop of 4.33%. A further fall of 4.44% was observed from $0.093 to $0.088. Still, the coin made a dip of 6.10% from $0.091 to $0.086. Stellar (XLM) recorded a regression of 7.20% by closing at $0.087.

The coin started today on a downward movement from $0.087 to $0.084, a down of 3%. Despite the decline, the token may rise. Stellar Price Prediction suggests that XLM may hit high prices in the future. Short-term traders are likely to receive high returns on the Stellar token and it may be the right time for long term investments on XLM. Besides, the crypto asset has never failed to meet the expectations of investors.

What do you think? Is Stellar Lumens (XLM) dead? Share your thoughts about the Stellar Lumens price prediction in the comment section below.

Max writes about blockchain projects and regulation with a special focus on United States and China. He joined Smarterum after years of writing for various media outlets.

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