Stellar (XLM) is an open source peer-to-peer cryptocurrency that allows fast transactions between any pair of electronic currencies. Like other cryptocurrencies, it works using blockchain technology. Its native asset, a digital currency, is called lumens (XLM). Stellar is a decentralized payment protocol that aims to increase financial inclusion by reaching those without a bank account, but also to help financial companies connect with each other through blockchain technology. Stellar was launched in July 2014, based on the Ripple Labs protocol, but differs in terms of consensus algorithm, token distribution, and philosophy. Stellar has a transaction time of only 3-5 seconds and extremely low transaction fees, making it suitable for microtransactions and point-of-sale payments. Stellar has a circulating supply of around 23.6 billion tokens, with a maximum supply of 50 billion
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When will it reach 1 dollar?
Stellar reached the value of 1 dollar for the first time on January 4, 2018, coinciding with the first peak of the cryptocurrency market. Since then, the price of XLM has fluctuated several times, following trends in the cryptocurrency market. The price of XLM at the time of writing this essay is around $0.14
.
When will it reach 10 dollars?
Stellar has not yet reached the value of 10 dollars, and it is not possible to predict with certainty if and when it will do so. However, some factors that could influence the price of XLM are market demand and supply, the popularity and adoption of cryptocurrency, competition with other cryptocurrencies, regulations and unforeseen events. Stellar has proven to be an innovative, scalable and interoperable cryptocurrency, attracting the interest of many developers and users. Stellar also has a strong vision and a solid team behind it, which is constantly working to improve cryptocurrency and expand its ecosystem
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When will it reach 100 dollars?
Stellar has not yet reached the value of 100 dollars, and it probably won’t do so in the near future. To reach this goal, Stellar should have a market capitalization of around 2.4 trillion dollars, higher than that of many of the world’s largest economies. In addition, Stellar has a circulating supply of around 23.6 billion tokens, with a maximum supply of 50 billion, meaning that there isn’t much room for higher inflation. Stellar would therefore have to prove that it has strong utility and wide adoption to justify such an assessment
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When will it reach 1000 dollars?
Stellar hasn’t reached the value of 1000 dollars yet, and it probably never will. To reach this goal, Stellar should have a market capitalization of about 24 trillion dollars, higher than that of the entire world’s GDP. This scenario seems highly unlikely, given that Stellar is a specific cryptocurrency for the payments industry, and it doesn’t have the same reach and recognition as Bitcoin.
Is it considered a good investment?
Stellar is considered by many to be a good investment, as it offers a simple, fast and affordable solution for making and receiving digital payments. Stellar also has a very active and passionate online community, which supports and promotes cryptocurrency with enthusiasm and humor. Stellar has also benefited from the endorsement of some celebrities, such as Jed McCaleb, the founder of Stellar and former co-founder of Ripple, who has expressed his appreciation and
support for XLM on social media.
However, investing in Stellar also involves risks, as with any other cryptocurrency. The price of XLM is subject to strong fluctuations, which can be influenced by internal and external factors. In addition, Stellar faces competition from other cryptocurrencies that offer similar or better solutions, such as Ripple, Ethereum, and Cardano
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Price forecasts from 2024 to 2030
Here is a table with XLM price forecasts from 2024 to 2030, based on different sources and analysis methods. These are indicative estimates and not financial advice, and they do not take into account any unforeseen factors that could affect the price of XLM.
Tabla
| Anno | Low forecast | Average forecast | High forecast |
|---|---|---|---|
| 2024 | $0.5 | $1 | $2 |
| 2025 | $0.75 | $1.5 | $3 |
| 2026 | $1 | $2 | $4 |
| 2027 | $1.5 | $3 | $6 |
| 2028 | $2 | $4 | $8 |
| 2029 | $2.5 | $5 | $10 |
| 2030 | $3 | $6 | $12 |