![]() On its part, Coincodex expects XLM to drop by over 15% in value to reach the $0.081 price level. The price predictions by Google’s Bard noted an average market worth of $0.10, with an average low and an average high of $0.08 and $0.12, respectively, at the end of 2023. XLM price forecast at the end of 2023 got sourced from Google’s Bard the machine predicted an impressive bullish selling price though not as significant as 2021. Here’s why XLM Price Predictions From Other Sources: Bearish or Bullish? Read Also: Coinbase Wallet Will Stop Supporting BCH, XRP, ETC, and XLM from Jan. They key is to know what you are investing in, score the lowest entries and stick to charts so you don’t panic sell.Per the AI chatbot, increased XLM adoption by top financial institutions and other entities, regulatory support, a partnership that could improve liquidity and usage, regulatory clarity, etc, would undoubtedly boost XLM price. And always remember, investing in Cryptocurrency is a high risk high reward investment. As we are writing this article, XLMUSD is breaking out from the Bull flag in the chart below:įor a long term perspective, we can see in the following chart that 4 USD is very likely in 2018 provided the Team continues on delivering on their commitments, no major security flaws in their code (watch also the exchanges supporting Lumens) and of course the overall sector performance. We have a long consolidation followed by a strong upwards movement. The price action for Stellar Lumens is solid. Stellar Lumens Price Forecast for 2018 Based on Price Charts That’s where thorough research and staying up-to date like we are trying to offer our subscribers through our Blockchain research service is key to making sure you know what you are invested in and its potential. Although they are absolutely representative of the timeframe underlined, things move so fast in Cryptoland that they do not necessarily guarantee it will continue to look the same. Mind you figures such as the one below are to be taken with a grain of salt. We expect this to be an important success factor for this Cryptocurrency in 2018.Īs you can see below, the rise in Stellar’s XLM trading volume was simply spectacular and will likely continue because of the factors mentioned above. Those are the key factors investors (especially those in for the long HODL) should keep an eye on.Īnother factor that caught our attention when trying to understand XLM or Lumens intrinsic value is the fact that they support ICOs (while offering low transaction fees and fast settlements) and the planned Lightening Networks integration in 2018. The key for the adoption to continue (and not just peak and free fall) is scalability, speed and cost of transactions. The projects mentioned above are key to spreading the use and adoption of Lumens therefore increasing its value over time. When assessing the intrinsic value of a cryptocurrency, we consider the use and volumes as the best reflection of the current and projected intrinsic value. When it comes to cost, Lumens has the lowest cost with Ripple next in line. When it comes to speed, Ripple has the Top spot and Lumens is the next in line. (See Mazières, 2015-a paper so good it still makes the front page of hackernews.) Our last transaction settled in 4.96 seconds ![]() Stellar’s consensus protocol is provably safe. Lumens can handle a thousand operations a second. We saw a team that is aware of the current challenges in the Cryptocurrency market, backed by relevant and solid partnerships, focused on finding solutions and at the same time passionate about building something that will deliver value for users and investors.Ī simple look at Stellar’s roadmap gives a good idea and important information about what this Team is trying to achieve. They are also part of the Linux Foundation’s HyperLedger Project with IBM to build open source blockchain solutions for cross-border payment infrastructures.īut what really stood out to us when looking into Stellar as an organization and Lumens specifically, is the professionalism of the leadership and the development Team. Stellar has build a strong network of partnerships as you can see in their partnership page and an impressive yet relevant Board and advisory team. Stripe actually announced yesterday plans to phase out Bitcoin and add support for Lumens. Stellar Lumens Price Forecast for 2018: The fundamental picture Leadership and Development Teamįounded by Jed McCaleb a respected figure in the Cryptocurrency world and backed since early days by Silicon Valley’s rising star Stripe. We will assess Stellar Lumens ( XLM) based on those exact criterias. The leadership and Development Team behind the Cryptocurrency.The intrinsic value of the Cryptocurrency and the underlying Technology. ![]()
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