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Stellar (XLM) is one of the oldest cryptos in the world. With a total market value of more than $ 11 billion. If we talk about the 24 hour trading rate, it is more than $ 2 billion. This puts it in 13th place at the time of publication. In this article we are going to tell you things related to it Price prediction for stellar lumens. Read the full article to learn more.
Stellar lumen coin
We should tell you that Stellar is blockchain technology. It was first introduced in 2014. After a few years, it was one of the first cryptocurrencies to make it into the top 100 most valuable coins. Crypto was founded by Jed McCaleb as an alternative to Ripple. He is also the co-founder of Ripple and MT. Gox and Joyce Kim, a lawyer.
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After its inception, he was sponsored by Patrick Collison, CEO of Stripe. Then the star network was introduced with initially 100 billion star coins released. We should tell you that the initial $ 3 million funding for the coin has been provided. In return, 2 percent of the entire XLM token offering was provided by the blockchain launch. In order to make an accurate price prediction for stellar lumens, another thing is required. Almost a year later, in January 2015, the outstanding cryptocurrency already had more than 3 million users. It currently has a market capitalization of just under $ 15 million.
Price prediction for stellar lumens
Let’s talk a little about its history before we talk about its future price prediction. Stellar XLM’s share price has risen significantly over the past few months. For most of 2018 and 2019, Stellar returned from its previous high of around $ 0.50. As can be seen on the price map, the market finally bottomed at $ 0.03 in early 2020. In 2020, Stellar price hit a key high of $ 0.12 and a lower low of $ 0.07. The price of stellar lumens began to rise rapidly in mid-November. And it eventually reached $ 0.23. When the economy showed signs of a good turnaround. This increase drove the star forecast price even further for the next year.
For the year 2021, we can expect a slight price decline due to market behavior. We can see the market is a bit bullish and is affecting a lot of things. And people have predicted that there won’t be any significant changes in the coin in the next five years. If we take a closer look at this in the future. The experts forecast an average price of USD 1.869 by May 2023. With an average price of USD 2.041 and a minimum price of USD 1.639.
Overall, we expect the Stellar price to climb above $ 1.5 by 2025, with further increases to even higher targets if the entire business cycle remains bullish.
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