Stellar Price Prediction: XLM coin price forecast

March 23, 2020

Price Prediction

Sean Korbett

What is Stellar (XLM)?

Stellar (XLM) is a fully decentralized open-source platform that supports any type of currency and is equipped with a built-in decentralized exchange that can be used to trade any currencies or assets. The project was founded at the beginning of 2014 by Jed McCaleb and Joyce Kim as a hard fork of the Ripple. Stellar has its own network and inner coin – Lumens (XLM). 

The platform is supported by the non-profit non-stock Fund Stellar Development Foundation witch mission is to expand financial access and literacy worldwide. Today Stellar is in the TOP 20 in the rating of digital coins by market capitalization and it’s an attractive option for crypto investment.

Stellar Statistics

Source: CoinMarketCap, Data was taken on 23 March 2020.

Stellar achievements and future plans

In 2019 Stellar:

• Expanded its ecosystem from 2,418,306 Stellar accounts to 4,189,431.

• Built a stronger community. Stellar met the crypto community in-person at the first-ever Stellar conference, Meridian. With industry-leading thinkers and developers, Stellar descended upon Mexico City with over 380 people from 40+ countries.

• Focused on targeted distribution. More than 20B lumens are out in the world!

• Ensured the strength and maturity of Stellar’s technology: Protocol 11 Public Network Upgrade and Stellar-core v12.0.0 + Horizon v0.24.0 was released.

According to the official roadmap the Stellar Development Foundation’s has the following goals for 2020:

1. To support the Robustness and Usability of Stellar by making it safe and easy to build on Stellar. It also will focus on attracting and maintaining new stakeholders and high-quality validators.

2. To increase brand awareness and visibility, establishing Stellar as the blockchain people know and trust.

3. To Foster and develop sustainable Stellar use-cases enabling cross-border payments and securitized assets.

Stellar Technical Analysis

Source: TradingView, Data was taken on 23 March 2020

Stellar Lumen Price Prediction in 2020

TradingBeasts Stellar price prediction

Stellar price is forecasted to reach $0.0484053 (+29.06%) by the beginning of April 2020. At the end of 2020, XLM price will be around $0.0651662 (+73.75%).

Wallet investor Stellar XLM price prediction

XLM average price will be equal to $0.00654 at the end of the year (-82.56%).

DigitalCoinPrice Stellar Lumen price prediction

XLM price will be equal to $0.03337846 in December 2020 (-11%).

Crypto-Rating XLM price forecast

Stellar price will be equal to $0.041253 (+9.99%) by the end of 2020. According to Crypto-rating Stellar has the potential to stay within “survivors” and have investment potential for long-term investments (up to 3-5 years).

CryptoInfoBase XLM price forecast

By CryptoInfoBase in 2020 the crypto market would become warmer and the average price of Stellar is expecting good growth.

Buy Stellar Lumen at StealthEX

Stellar XLM is available for exchange on StealthEX with a low fee. Follow these easy steps:

✔ Choose the pair and the amount for your exchange. For example BTC to Stellar (XLM).

✔ Press the “Start exchange” button.

✔ Provide the recipient address to which the coins will be transferred.

✔ Move your cryptocurrency for the exchange.

✔ Receive your coins.

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The views and opinions expressed here are solely those of the author. Every investment and trading move involves risk. You should conduct your own research when making a decision.

March 23, 2020