Stellar (XLM) Price Hits $0.0918 on Major Exchanges

Stellar (XLM) traded up 3.7% against the US dollar during the 1 day period ending at 7:00 AM Eastern on July 12th. One Stellar coin can currently be purchased for about $0.0918 or 0.00000161 BTC on major cryptocurrency exchanges. Stellar has a total market capitalization of $2.68 billion and $70.16 million worth of Stellar was traded on exchanges in the last day. Over the last week, Stellar has traded 13.5% higher against the US dollar.

Here is how other cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded 2.1% lower against the dollar and now trades at $0.18 or 0.00000322 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 1.4% higher against the dollar and now trades at $0.0127 or 0.00000022 BTC.

About Stellar

Stellar uses the hashing algorithm. It was first traded on July 31st, 2014. Stellar’s total supply is 50,001,786,967 coins and its circulating supply is 29,227,062,515 coins. The Reddit community for Stellar is https://reddit.com/r/stellar and the currency’s Github account can be viewed here. Stellar’s official Twitter account is @stellarorg and its Facebook page is accessible here. The official message board for Stellar is stellarcommunity.org. The official website for Stellar is www.stellar.org.

According to CryptoCompare, “Stellar is an open-source, decentralized blockchain network designed to facilitate the transfer of money and other assets between people and institutions. It was created by Jed McCaleb and Joyce Kim in 2014 and is overseen by the Stellar Development Foundation (SDF). Stellar can support a wide range of use cases, including remittances, micropayments, mobile money, and mobile banking, and is an attractive option for those looking to transfer funds across borders quickly and efficiently. The network’s native cryptocurrency, the lumen (XLM), serves as a digital asset for denominating network requirements, and is required to meet minimum balance requirements and pay transaction fees. In addition, it can act as a medium of exchange between otherwise illiquid assets, making it easier to move money between users.”

Buying and Selling Stellar

It is usually not possible to purchase alternative cryptocurrencies such as Stellar directly using U.S. dollars. Investors seeking to acquire Stellar should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Stellar using one of the exchanges listed above.

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