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Stellar Lumen (XML) Price Analysis and Price Prediction 2019-2020

Stellar was founded by Jed McCaleb and Joyce Kim while they were still working on the Ripple system in early 2014. It is one of the altcoins that were not designed on the Bitcoin’s source code. It provides an exchange of foreign transactions that operates in real-time via its internal coin – Stellar Lumens (XLM). Stellar Lumens re-established the XLM coins later as an independent project and now Stellar is developed by an organization founded to support the maintenance and funding of the crypto which is known as Stellar Development Foundation.

Along with the coin, the project also currently offers token issuance, decentralized exchange, and a desktop client. New applications are built with the help of Horizon API which provides usage of Horizon technologies. This Horizon API is also provided by the coin itself which has helped greatly in improving Stellar price prediction and implementation opportunities.

Stellar has already been implemented in business processes of companies such as Deloitte, Parkway Projects and many more.

Stellar Lumens XLM Price Analysis

After three years of platform’s development, the price of 1 XLM Lumen was around 0.2 cents The units of digital currency, Stellar lumens has a low price per coin. Therefore, these coins are invested in significant numbers. The first significant increase in the XLM’s price happened in May 2017 where the value came close to be a little over 5 cents per coin making the price of coin 25 times its value from the previous years.

On January 4th, 2018, the price reached its current record of 85 cents and after reaching this peak it has started its way down but due to XLM’s volatility, significant increases in the price of the coin were even observed.

In the month of July and August, the prices again shoot up but unfortunately currently the prices of Stellar is ten times lower than what it was in the starting of the year.

Stellar Lumens (XML) Price Prediction for late 2019 and 2020

#1. Price Prediction Q3 2019 – 2020

Here, the price forecast was made by the analysis of XLM chart with a three-day step from January 2015 to March 2018. The price prediction resulted in the range from $0.07 to $0.2 USD for 2019.

It is expected that the price of XLM to be around $45 (!) in December 2020 by analyzing Stellar’s coin price history.

#2. WalletInvestor on Stellar Price Prediction for late 2019 & 2020

With the help of current trend and basic technical analysis, they predict that the price of XLM may reach $0.137 USD by the end of the 2019 year. However, ultimately there will be continuous fall in the price and it will trade at $0.0165 in the fourth quarter of 2020 in a year.

Stellar (XLM) Lumens Price Prediction for 2019-2020 & 2025

According to their prediction, the prices of Stellar Lumen will definitely increase and are quite bullish, while maintaining the growth of the entire cryptocurrency market which further seems to be inevitable. The increase is expected because of their excellent founder’s team and it is integrated or in partnership with companies such as IBM, Microsoft, Wirex, etc.

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About Shreya Kapoor

20 y/o budding journalist, with a tinge of good vocabulary.

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