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Stellar Lumens (XLM) Price Analysis: Stellar’s Wevest Association Will Help The Coin To Reach The Target $1

Written By 
May 16, 2019
xlm price analysis - may 16 xlm price analysis - may 16
  • Stellar (XLM) has associated with Wevest Digital AG for Security Token services.
  • The medium-term bullish outlook places the coin at 1 USD mark.

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    Stellar (XLM) has been partnered with Wevest Digital AG – a Berlin-based fintech company. Wevest Digital offers banking services for small and medium enterprises. The company has plans to use the Security Token services of the Stellar network. This decision has been taken by Wevest digital after weighing all the options available in the crypto market. Along with this development, Stellar (XLM) is now available on Coinsquare and CoinDeal exchanges. As per our prediction, the value of each XLM price will reach 1 USD mark by the end of this year. Now let’s analyze the current figures of the Stellar coin in order to understand the picture clearly.

    Current XLM Price Statistics-

    xlm price prediction

    • Stellar coin is ranked at 9th position in the global crypto world.
    • The ROI (Return on Investment) stands at 4741.36%.
    • A total of 19,185,276,038 XLM coins are in circulation.
    • The market cap as on 16th May at 01:14 UTC stands at 2,794,815,552 USD.
    • The value of Stellar lumens price stands at 0.145675 USD and 0.00001755 BTC.
    • The 24h volume stands at 598,925,081 USD at the same UTC.

    Comparison-

    Stellar (XLM) has started the journey in 2019 with a good figure after the crypto winter.  However, the lowest point of the coin was on 6th February at 0.074598 USD. Huge growth was achieved after the 1st April market boom. After that growth, the market went through a price correction phase. However, in recent times, the coin has shown strength again. The market cap on 16th April was 2,179,943,236 USD, and the value of each Stellar coin stood at 0.112930 USD and 0.00002226 BTC. The current market cap and the value of each coin in USD are respectively 28.20% and 28.99% more than the figures for last month.

    XLM Price Prediction –

    As mentioned earlier, the value is on the rise since the last 7 days; the value is to gain from here. The next resistance will be faced at 0.35 USD and 0.5 USD. According to our XLM Prediction, the value of each Stellar coin to reach 1 USD by the end of 2019. It should be noted that the path of Stellar’s growth will not be free from steep ups and downs.

    Conclusion-

    Buying fresh coins is advised only if you can hold it for a longer period. Holding until 2020 will give a dividend above 10 times the current investment.

Trevor HolmanbyTrevor Holman
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