Stellar is an open-source, decentralised payments network that enables users to transfer funds quickly and at a very low cost.
It is a decentralised system that’s great for trading any kind of value in a transparent and efficient way. Stellar, like Bitcoin and Ethereum, uses blockchain to keep the network synchronised and provide faster, cheaper, and more energy-efficient cross-border payment services.
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It is designed in such a way that all of the world’s financial systems can freely interact with one another on a single network.
The Stellar ecosystem has its own native token called lumen (XLM). It mandates that each account maintain a small number of lumens at all times.
Stellar has placed a minimum balance on each account as well as a very small per-transaction fee to dissuade bad or frivolous actors. The minimum balance is currently 1 lumen, and the minimum transaction fee is 0.00001 lumen. These are small enough to keep Stellar accessible, but large enough to deter widespread abuse.
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Stellar (XLM) Price Prediction
With a market capitalisation of $1.9 billion, XLM is currently trading at $0.07439. Its prices have decreased by 1.09% in the last 7 days and by 16.44% in the last one month. It has been experiencing downward trend for quite some time and is currently down by 32.78% in the last 2 months, 31.04% in the last 3 months, and 73.08% year-to-date (YTD).
Overall, it is down by 92% from its all-time high (ATH) of $0.9381.
According to Coincodex’s technical analysis, investor’s sentiment is bearish regarding Stellar (XLM). They forecast that XLM price would rise to $ 1.272682 by 2026. This means the price of Stellar is expected to rise by 1,611.42% (in the best case scenario).
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How Much Money You Would Make if Stellar (XLM) Reaches $1?
Let’s say you buy $100 worth of XLM today to hold for the long term. At the current price, which is $0.07439, you will have approximately 1344.26 XLM coins. If you sell these when XLM hits $1, your $100 investment will become worth $1344.26, giving you a 13X or 1,244% return on investment (ROI).
Let’s assume you invest $1000 in Stellar today, you will get approximately 13,442 XLM coins. If liquidated at the price of $1, your $1,000 will be worth approximately $13,442. If XLM hits $1 mark by 2026 (i.e., in next 4 years) your annualised ROI will be 91.48%.
It is important for anyone considering investing in Stellar (XLM) to carefully research the asset, and understand the risks involved before making any investment decisions.
Disclaimer: This is not investment advice. DYOR
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The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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