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Meinhard Benn, the CEO of SatoshiPay, recently mentioned that it was the best decision in terms of technical and business analysis that SatoshiPay switched to Stellar for better performance.
It was recently tweeted on Stellar page. Is it going to improve the visibility and loyalty of traders towards Stellar?
Let’s see what price statistics have to say about the same.
Stellar Lumens Price Analysis:
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At 8:52 UTC, the XLM price is trading at $0.1261 on 22nd June 2019. The remaining essentials are as follows:
- Return on Investment: 4130.83%
- Total supply/Circulating Supply: 105,082,570,523 XLM/ 19,408,946,303 XLM
- Market Cap: 2,443,515,293 USD
- 24 Hour Volume: 268,085,214 USD
- 7 Day high/low: 0.131890 USD / 0.120807 USD
XLM Price Comparison:
The value has definitely started surging in the upward direction but still needs some push to move upwards. And it is hoped to happen soon! The highest, which was seen in the past one week, 17th June was a lucky day for the traders as the value was trading at $0.13231. The value today, on the other hand, has dropped by 4.6% from then. However, this percent is hoped to decrease soon.
Speaking of the other side, the lowest was seen on 20th June with a trading value of $0.1208, which is increased by 4.3% already. It seems that the price is at equilibrium from both the ends!
Stellar Price Prediction and Conclusion:
Right now, Stellar coin is slightly under the bearish zone, which means it might invite new traders to buy new XLM coins. It might be a fresh start for some users considering the increasing supply of Stellar in the chain.
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Stellar is gaining popularity on many social media platform which is hoped to bring the valuation on the better part, as in, hoped to increase the value soon! As of now, one might want to consider resistance and support levels between $0.128 and $0.120, respectively. According to the XLM Price Prediction, the value might land around $0.3 by the end of 2019!
