Price Analysis

Stellar Records 26% Dip in the Last 30 Days; Dipping to $0.060

  • Stellar focuses on global conferences to build brand value
  • Stellar network gains popularity in the investment community

Stellar is back in the news again. The firm’s network is recently being chosen to host multiple projects, and this may increase its popularity to an all-new level. The current market performance of the coin may also improve with the recent conferences being planned by the company. All these efforts will make the coin grow in leaps and bounds.

XLM to USD Price Chart:

XLM Price
Stellar Price Chart by TradingView

As on September 6, 2019, at 08:37:26 UTC, the value of XLM token is noted to be $0.060, and it is moving in the upward direction. The last month has been all about continuous slump for this token where it has recorded a dip of over 26% from $0.082 to the current value. The coin was trading around $0.080 at the beginning of last month but then took a sudden fall and dropped as low as $0.065. It recovered from that and climbed up to $0.071 towards the last 10 days of the month but fell back again.

  • The price of Stellar Lumens is noted to be $0.060 and 0.00000567 BTC
  • The market cap of the coin is now $1,195,660,268
  • The 24 h volume of the coin is $106,578,857
  • The circulating supply of the coin is 19,647,401,652 XLM
  • The ROI of the coin stands at 1,935.76%

The highest recorded value of XLM in the last 7 days was $0.064, and in the last 30 days, it was $0.079. The coin may record good growth in the remaining days of the month.

XLM Price Prediction and Conclusion:

XLM has been on a downward path in most part of this year. But, this may end soon. The coin has already started maintaining good upward momentum, and it may result in progress.

This is a good time to plan huge investments in XLM token as the future benefits will be good and in large amounts.

Tags

Ruti Vora

Ruti regularly contributes in-depth news articles for leading cryptocurrencies. She contributes technical chart-based price updates and analysis pieces on world's leading digital currencies. She holds graduate degree in journalism.
Back to top button
Close