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

Forecasting Bitcoin price using quantitative models, Part 3
This is Part Three of a multipart series that aims to answer the following question: What is the “fundamental value” of Bitcoin? Part One is about the value...
UAE authority issues warning about Dubai Coin
As a tech-friendly region, Dubai is never short of new and promising projects, including crypto and blockchain,  but the influx of new cryptocurrencies...
EOS Climbs 20% In a Green Day
Investing.com - EOS was trading at $12.6898 by 09:12 (13:12 GMT) on the Investing.com Index on Wednesday, up 20.23% on the day. It was the largest one-day...
DOGE as internet money? TikTokers and sports fans see a use case for Dogecoin
In recent weeks, it has been hard to get through a day without running into a headline, or 50, referencing Dogecoin (DOGE). The meme cryptocurrency has...
Tether’s market cap hits $50B as stablecoin adoption grows
The market capitalization of Tether (USDT), the world’s largest stablecoin, zipped past $50 billion on Monday, in a sign that the cryptocurrency bull market...
London court allows Australia's Wright to serve bitcoin copyright claim
By Kirstin RidleyLONDON (Reuters) - London's High Court has paved the way for a case that could force its judges to take a view on who invented bitcoin,...
EOS Climbs 10% In Bullish Trade
Investing.com - EOS was trading at $6.4895 by 20:02 (00:02 GMT) on the Investing.com Index on Friday, up 10.24% on the day. It was the largest one-day percentage...
No ‘blood coin’ for Kevin O’Leary as investor takes stand on Bitcoin energy consumption
Shark Tank and Dragon’s Den personality Kevin O’Leary is taking a stand against what he terms “blood coin,” that being Bitcoin (BTC) mined in China. The...
Iowa House approves bill to legally recognize blockchain smart contracts
On March 29, the Iowa House of Representatives passed a bill that seeks to legally recognize transactions and registrations made via blockchain smart contracts....
Japanese bank Sumitomo Mitsui launches the country's first 'a-1' rated security token
Japan-based bank Sumitomo Mitsui Trust Bank, or SMTB, has launched its first asset-backed securities token in partnership with Securitize on March 29. The...
OKEx Korea crypto exchange to shut down as new reporting laws take effect
The South Korean branch of global cryptocurrency exchange OKEx is shutting down operations next month, OKEx Korea officially announced Tuesday.Users will...
Price analysis 3/22: BTC, ETH, BNB, ADA, DOT, XRP, UNI, LTC, LINK, THETA
The Turkish lira lost 15% of its value and dipped close to its all-time low after Turkey's President Erdogan fired central bank governor Naci Agbal. This...
Genuine “Wolf Of Wall Street” Says Bitcoin Could Soar by $50,000 Ere Crashing to Zero
Jordan Belfort, a motivational orator and ex-stockbroker, whose story was put in Martine Scorsese’s movie “The Wolf of Wall Street,” has called bitcoin...
US Government Paid Over $500,000 To Blockchain Oversight in 2017
For the past time, authorities all over the globe have been trying to regulate crypto markets. Among them are the governments of China, South Korea, Russia...
Zuckerberg Considers Future Integration of Cryptos Tech in Facebook
One of the wealthiest and most influential people in the world, the Facebook co-founder and its CEO Mark Zuckerberg displayed his desire to weigh in the...