Stellar Lumens (XLM), which can be translated as “shining like a star” in Turkish, has made a good entrance to 2018.. While the demand for crypto money increased, XLM broke a new record in dollar terms and reached $ 0.91.
Starting the first day of 2018 with 30% increase, XLM distributed and a hybrid, open-source blockchain platform. Founded in 2014 by Jed McCaleb and Joyce Kim, founder of Ripple and eDonkey, this project is a decentralized consensus platform.
Simply put, it’s money. a system that connects people, payment systems, and banks to convert currency units. This is not only for buying and selling different currencies, but also for seamlessly converting currencies during money transfers.
Stellar’s coins are officially called Lumen or XLM.. Lumens can convert different currencies using distributed ledger technology without using any other gateways or markets.
Stellar seems to be climbing with confidence, while Bitcoin and a few other major cryptocurrencies have entered a period of stagnation. At least in the short-term.
The 65% increase since Friday made the crypto money enter the Top 10 list again in terms of market value.. 7 now. next XLM’s market cap is $15.5 billion.
Price chart for the last 30 days (source: coinmarketcap.com)
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Looking at the last 30-day chart, Stellar’s value has increased by approximately 1000% (10x). 1 XLM, which was priced at $0.089 on December 4th, is priced at $0.86 at the time of writing.
Ripple has been incredibly popular in the past month. does not cut. The price, which was 25 cents exactly one month ago, is now $3.78.. This shows that Ripple has increased 15 times in dollar terms in the last month.
Stellar, which has already surpassed popular cryptocurrencies such as Dash, Monero and NEO; It can be traded on major exchanges such as Bittrex, Poloniex, and Binance.. XLM’s potential looks bright if its popularity continues to grow at this rate.
Note: This article does not contain investment advice.
Source: coinspeaker. com
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