The Stellar Lumens (XLM) has been through so many ups and downs throughout the year. The instability of its value was changing between the bearish and bullish movement in the market. The listing of the Stellar Lumens into Coinbase cryptocurrency exchange and Stellar Development Foundation organizing the Stellar Coinbase airdrop are the only reason that the XLM was in the news.
As per the analysis of the CryptoNewz report, whatever is the current situation of the XLM in the cryptocurrency market, the next few months will make the good for the position and price of the Stellar Lumens (XLM). A few months back IMB has also declared that it would be utilizing the Stellar blockchain to create an internal agreement ecosystem for some of its associate banks. So, we can conclude that these things will help the value of Stellar Lumens to increase and gets back into the bullish movement.
Current Status of the Stellar Lumens (XLM): Whatever are the predictions and future holds for the Stellar Lumens, but the present situation of the Stellar Lumens is drawing exactly the opposite picture.
Currently, Stellar Lumens is trading at the value of $0.090767 USD and its value is decreased by -3.78%. The market capitalization of XLM is $1,739,354,166 USD and the 24-hour volume is $208,047,227 USD. The circulating supply of XLM is 19,162,820,780 XLM and the total supply is 104,962,402,034 XLM.
But, still, the predictions experts are concluding for the Stellar Lumens price is that it could make $45 by the end of the 2019 and the value of Stellar Lumens could reach up to the mark of $100 in the year 2020, and make up to $500 by the year 2025. If we see the current market performance of the Stellar Lumen is looking very hard for the Stellar to get back into the bullish movement and to make these predictions possible.
Comparison with Rival currency ‘Ripple’: The rival currency of the Stellar Lumens XLM, Ripple is also under the bearish pressure and its current trading value is $0.298455 USD and market capitalization of $12,574,884,425. The 24-hour volume of XRP is $894,981,065 USD and the value of Ripple XRP is decreased by -0.78%. The experts’ concluded that the XRP is decreasing because of the competition from the other currencies such as JPM Coin and others have been increased. If this reason is accurate the similar thing is also making the XLM’s value to fall.