Price Analysis

Stellar (XLM) Shelters Slow Trends With Meetups Around Latest In Blockchain

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  • Stellar tries to remain in the news with recent meetups and conferences
  • Stellar may close the month trading at $0.085

To keep the traders on the platform and promote XLM token as much as possible, Stellar is nowadays busy in organizing meet-ups and conferences discussing future possibilities of blockchain. The firm is making up for the continued bearish trends of the XLM token by engaging communities and industry leaders in innovative conversations. This may affect the performance of the token positively and bring back the rising trends soon.

Stellar Price Statistics:

Stellar has made traders see it all in this month. The coin started on a high note, got hit to reach the bottom, bounced back from it and now hanging in the middle. Stellar’s journey from $0.108 at the beginning of July to its current value at $0.083 as on July 30, 2019, at 09:07:05 UTC has given the investors a ride of the lifetime. The market lost breath when XLM had hit $0.076 but gained some trust back again when it immediately rose up to $0.098.

XLM Price Prediction
XLM Price Chart
  • XLM is currently trading at $0.082 and 0.00000871 BTC
  • The coin’s market cap is $1,616,113,411
  • The 24 h volume of XLM is $82,772,415
  • The ROI of the coin stands at 2,696.11%
  • The circulating supply of the token is 19,617,690,458 XLM

XLM has recorded a downtrend of over 24% in the last 30 days but surged up to 7% since it hit $0.076. XLM may have been moving slow and not performing up to the mark, but the coin has a good reputation and may bounce back soon.

Stellar Price Prediction:

Stellar may have hit a few bumps while promoting the usage of XLM token in the communities and the partnership with IBM may seem to be hanging somewhere, but there is more to this token than this. The coin has a lot of potentials to reshape the future of the economy, and hence the traders and investors are still seeking its growth. It may rise to $0.150 in the next 3 months and may trade around $0.2 by the end of the month

Conclusion:

As the future of XLM is assured to be strong, this is the right time to board the train and become a part of it now.

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.

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