Stellar Made More Than 150% Gain For The Year Already

Stellar Made More Than 150% Gain For The Year Already

Recently, the crypto-currencies, which were created by the developer Jed McCaleb, demonstrate outstanding performance. First Ripple, whose rate grew by 1000% for a month, and now it's Stellar Lumens. Over the past 24 hours, the price of XLM has risen 34% and reached $ 0.57, which allowed him to take the eighth line in the list of the largest crypto-currencies. Over the past week, the Stellar rate has more than doubled; together with this, its capitalization exceeded $ 10 billion.

The goal of Stellar is more than noble - to ensure the unity of the world community by the compatibility of various financial systems and currencies.

Our top trading bots

What is Stellar?

Take a look:

[video]https://www.youtube.com/embed/jsbMwp03qNI[/video]

Stellar allows you to send any currency that you hold for anyone else in another currency, through the built-in distributed exchange. People can get any currency through the anchor that they added.

This altcoin, like no other, reflects the relationship between Bitcoin courses and alternative projects, almost instantly reacting to changes in the value of BTC.

Stellar encourages its participants, its positions in the crypto sphere are continually strengthening, so there is the reason to look at this development more closely.

Recently XLM (Stellar token) has been added to the Hong Kong Stock Exchange OKEx, which may explain the surge in traders' interest in this cryptocurrency. It is worth noting that the aggregate trading volumes of Stellar on OKEx are still small and amount to about $ 2.6 million in pairs with USDT, BTC, and ETH.

Also, the announcement of cooperation with the Pundi X payment service can make a positive impact, thanks to which it will be easier for users from Indonesia to access Stellar, and the cryptocurrency will be used as an instrument of international trade along with the rupee.

Recall that in mid-December, developers of the Kin token decided to abandon the blockade Ethereum in favor of Stellar.

Chart Source: CoinMarketCap

Another Crypto-Bubble Went Off But Prices May Still Grow, Ethereum Co-Founder Says
The fact that recently the cyber-assets’ prices dropped does not mean there will be an impediment in their potential increase. This is the opinion of the...
Mining in a New Style: New York State Regulators Approve Special Rate Scheme
New York state miners are seeing changes in the electricity rate scheme as the state’s regulators have permitted them to conclude contracts. Just some...
Crypto-Expert Puts $6 mln on a Bet that Bitcoin Reaches $280k by 2023
As the last months of 2018 are fast approaching, crypto-enthusiasts keep forecasting the potential price of the "king of all cryptos." There have already...
Cryptos Will Be Available in Any World’s Country, Says US CFTC Commissioner
As the world (including the US) keeps struggling on finding the right ways to regulate bitcoin and its brethren, the commissioner of the Commodities...
After Relocating Its Office to Malta, Binance Opens an Account There
The international cyber-money bourse Binance has opened a bank account in Malta. This information has been recently revealed by the company’s top exec...
Cryptos Are No Danger to The World of Finance, Says Russia’s Central Bank
Bitcoin and its brethren do not pose any threat to the global financial system due to the fact that the overall volume of cyber assets financial operations...
Huobi Launches Trading in South Korea With 100 Cryptos
Despite the fact that the South Korean government has become colder towards cryptos since the end of 2017, a new cyber money trading venue has announced...
PayPal Clients Receive Dubious Cryptocurrency Warnings
Last week several PayPal clients complained both online and to the media about receiving emails, which looked like official ones from the company, containing...
EU Official: “No Basis To Forbid Mining If Energy For it is Produced Legally”
Governments all over the world remain skeptic about cryptos for a wide range of reasons – from potential money laundering to terrorist supply. Another...
Coinbase Launched a Pay Service For Cryptocurrencies
Cryptocurrency platform and the Coinbase exchange launched a new service that will allow sellers to integrate virtual currency payments into the site quickly....
Central Bank Offers Support to Miners, But Bucks Crypto Trading in Russia
Things are heating up around Russia’s crypto regulatory plot. After the announcement that the country’s largest lender Sberbank has intentions to trade...
Nobel Prize Winner Shiller Says Bitcoin is a ‘Clever Idea’
The American Nobel Laureate and Sterling Professor of Economics at Ivy League Yale University Robert Shiller considers bitcoin as an exciting experiment...
Scammers earned more than $5 million on the upcoming pre-ICO Telegram
In January, TechCrunch published the Whitepaper of the upcoming ICO TON, during which it plans to raise up to $1.2 billion. Scammers used the agio around...
A 23-Year Old Engineer Used Bitcoin Cash to Buy a $415,000 House In U.S.
Purchasing the real estate using bitcoin or its ilks will soon stop being just a dream. For example, not long ago the trans-border property marketplace...
Medical Tourism Boom: Where to Receive Medical Care For Bitcoin
Currently, bitcoin is experiencing an optimistic adoption in various industries. Today, with this cryptocurrency you can pay for goods, services and even...