Stellar is one of the most promising cryptocurrencies on the market currently. It employs various alliances and developing cutting edge technologies.
But is Stellar actually worth investing?
In this article, you will get to know everything about the project and the Stellar Lumens (XLM) long-term price and predictions.
Steller, one of the top-10 cryptocurrency that Survived all Crypto seasons, From an all-time price of $0.9 in Jan 2018 to as low as $0.02 in 2019, the XLM coin is always being traders fav and a Great Stake to have. While writing, the XLM price is $0.04 with 3% Up.
“ Cryptocurrency experts refer to Stellar ( XLM ) as a Cherry on Cake, everyone should stake it ” Survey on Stellar Price prediction surprised us with the price growth into two times and more in coming days.
Let’s Dive into some Stellar Lumens’ price Predictions and Market factors that indicate the boost of XLM. We have Put down future Stellar Predictions, researched from different sources.
Stellar Price Today
With the Market Cap of [coinsMKTCAP sym=”XLM”] and a huge circulating supply of 20,291,175,019 XLM coins, Stellar sells for [coins symbol=”XLM”]. Stellar is in 13th place in the rating of world cryptocurrencies. It is available on multiple exchange platforms. Thus, you can easily purchase some stellar coins.
Just in case you are beginning with Stellar Cryptocurrency ( XLM ).
What is Stellar XLM?
Stellar was founded in early 2014 by Jed McCaleb and Joyce Kim. The project was born as a branch of the Ripple cryptocurrency. Stellar (XLM) was built on and worked on the Ripple network early on in its growth. However, in November 2015, The Stellar team launched its network on its own protocol.
Stellar Lumens is an altcoin that trades under the XLM symbol. Following the 2017 crypto hype bubble, altcoin became highly popular, causing it to enter the top ten cryptocurrencies by market cap and become one of the market’s most trusted crypto assets.
XLM Technical Analysis
XLM has been in circulation since Aug 2014. But Sparkled with the rise of Cryptocurrency hype in 2017 Dec.
A couple of years ago, the XLM price faced a major breakdown. The stellar coin price in April 2017 was below $.002 USD. However, it started to gain some attention in late 2017 summer.
Stellar price increased in January 2018, when you compare it to April of 2017. Also, the coin has grown 2,900% in one year! Which is pretty amazing!
The highest point in December was $.31 cents. Then in January 2018, Stellar raised to a new peak growing to its all-time high of $.93 cents which is yet to be reached again. Stellar is among the few cryptos which have survived the Crypto winter and emerged as a winner.
However, 2019 was a disappointing year for this crypto. Starting the year at $0.1 cent, XLM saw a gradual decrease throughout the year. Moreover, Stellar burning 50% of XLM coins has further diminished the growth of the coin. Although, it’s possible that Stellar could lose more value against Bitcoin, it is unlikely to crash against fiat currencies like the USD.
Stellar Price Prediction 2020
XLM was valued in the beginning of 2020 at $0.0451 and spent the early part of the year fluctuating between $0.05 and $0.06. Then there was the beginning of an upward trend in July. The coin finally hit $0.118987 in mid-August, before settling in early September at about $0.08.
A partnership with 30 banks and ventures like Mobius, Hashcash, and SatoshiPay was announced by Jed McCaleb. These helped in proposing a $1 XLM prediction. We think that by 2020, Stellar Lumens could hit about $0.77.
- WalletInvestor predicts XLM will trade at $0.0165 by the end of 2020.
- LongForecast.com, however, predicts a bearish trend in 2020. XLM will fall to the price of $0.028 in late 2020.
- According to TradingBeasts, Stellar will cost $0.05 this year and will grow to $0.07 this price until 2021.
- AltPocket.io claims XLM will have a bullish approach in 2020. The XLM price would reach $0.10 in 2020
XLM Price Prediction for 2021
Experts have a positive outlook on XLM in 2021. Although 2021 is predicted to be unstable for XLM, analysts believe that XLM will be traded between $0.014 and $0.035. Partnerships and IBM collaborations would play a major role in deciding the XLM future in 2021.
Stellar Price Prediction 5 years
Accordingly, with the latest performance of XLM and its established growth, we can predict based on calculations that XLM might go for $1.19 by the end of 2025.
However, few enthusiasts believe that XLM will get above this value, skyrocketing with the increased use of Stellar as one of the fastest currencies in the crypto market.
Also Read : Uniswap (UNI) Price Prediction: How High Will UNI Token Go?
Stellar (XLM) Market Prediction
One thing is certain that there is a lot of hope surrounding the Stellar price prediction, looking at all the predictions given by market enthusiasts and publications which can be viewed as below:
1) Long Forecast
Long Forecast offered an entirely conservative prediction where they estimated that XLM will hit $0.39 by the end of 2020.
2) Wallet Investor
Using the latest technical analysis, Wallet Investor updates prices and predictions every three minutes.
3) Crypto Ground
Crypto Ground has predicted that XLM will hit $0.1054 in a one-year timeframe and Stellar will go as far as $0.7422 in 5 years.
4) The Economy Forecast Agency
This website provides a long-range forecasting tool for business consumers to make market predictions. The website’s prediction for 2020 price indicates that XLM will see a high of $0.64 in 2020, which is by far the most conservative of XLM’s price predictions.
- What is Stellar XLM?
The stellar network runs on a unique algorithm that allows transactions at a faster pace as compared to the blockchain. XLM the coin introduced on this Stellar network.
- Will XLM reach $1 in 2020?
No, XLM will face high resistance in 2020, Experts believe. It will be hard to attain $1 for XLM in 2020.
- Is XLM an ERC-20 token?
No, XLM runs on Stellar blockchain. It is not related to Ethereum tokens.
- Is Stellar a dead investment in 2020?
Although, it’s possible that Stellar could lose more value against Bitcoin, it is unlikely to crash severely against fiat currencies like the USD. So, XLM cannot be termed as a dead investment.