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New Hope for Stellar Lumens (XLM)

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Stellar Lumens
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So far, 2018 has been a strange year for cryptocurrencies. Whenever they made some progress, interestingly enough, a new hardship followed. Still, a lot of them managed to bounce back whenever things got complicated, and Stellar Lumens (XLM) is definitely one of them. In fact, a lot of experts believe that this crypto has a lot of potentials to bloom by the end of the year, so let’s see why.

Stellar Lumens (XLM)

Stellar is a crypto that has been around for a while when considering crypto-age. It was launched back in 2014, and it uses an entire network of decentralized servers for maintaining its operations.

Stellar is a crypto that has always been ‘around’, but never received that much attention, until this year, when he climbed to the rank of 7th according to CoinMarketCap. Just like all the other cryptos, its price suffered a great loss at the beginning of the year, and it currently sits at $0.193173.

Despite this, Stellar continued to fight the good fight, and the crypto continues on its way to the ultimate goal – the replacement of traditional money with cryptos. In return, it offers speed, scalability, extremely low fees, and has a very solid framework.

A lot of others have noticed its potential as well, one of the biggest names among them being the KIN Foundation. KIN seems to have been very impressed with Stellar’s scalability solutions, considering that they announced a hard fork on Stellar’s very own blockchain. This will help solve a lot of company’s problems, and would even expose Stellar even more in the process. Cryptos are never the ones to say no to building a reputation, so this will be a good deal for XLM.

Stellar Partnerships

KIN is not the only one interested in Stellar, and one of its largest, if not THE largest partnerships include IBM (International Business Machines). And, while this partnership is not exactly new, it is very beneficial, especially after the announcement came that both parties will team up with Veridium Labs. This team-up was proposed so that the carbon credits can be introduced. This will represent the first token for IBM, and it will be on a public network. That being said, it will still not be available for public use.

Additionally, Stellar is also a crypto chosen by BloomX, and the plan that BloomX came up with includes providing an online platform for Money Services Businesses. The reason why they have chosen to work with XLM on this is that it is simple to use, extremely scalable, cheap, and very fast. So, following the integration, XLM will actually be the one who will process all of the transactions coming in and out of BloomX. Not bad for a crypto, especially the one that wasn’t under the microscope like some of the bigger ones out there were.

What will happen to XLM price?

Considering the ups and downs of the market this year, which were more often and stronger than ever before, it is relatively difficult to determine which crypto will come up on top, and which ones will disappear. Even so, Stellar is not going anywhere anytime soon. This is the coin that has actually managed to endure the market’s sudden mood shifts quite well, and many believe that the new progress will allow it to climb up to $1 per coin by the end of the year.

Additionally, there is always a chance that cryptos will advance in their fight to conquer even faster, and that the most countries will start turning towards them sooner, rather than later. This might help increase XLM’s price even further.

The fact that Stellar’s price is currently low is something that should be taken advantage of, especially considering that a lot of experts truly believe that it has a potential to reach $3 soon enough. It is true that you can never know what will happen when it comes to cryptos, but if Stellar’s new partnerships and stability that it has demonstrated can indicate anything, it is that this digital currency is strong and capable of enduring even the harshest of times.

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Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

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Altcoins

Here’s Why This Coin Still Has Wings (WINGS)

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WINGS, a decentralized crowdfunding platform based on the Ethereum blockchain, has had a great run over the past two months. Culminating in a peak of US $.23 just a few days ago, the currency behind the product has more than doubled since it’s lows of early September.

Despite the slight downturn WINGS is currently experiencing, this crypto-favorite may not be done running up the green candles on your favorite exchange just yet. A small drop like we had today was actually expected and could be considered healthy by long-term investors. These dips are also appreciated by those of us waiting to get in on a project we feel has real potential. WINGS has shown us that potential and is now presenting a great buying opportunity for speculators and traders looking for the next wave of support to lift this coin into the stratosphere.

What is WINGS?
WINGS was created to nurture project proposals via the Decentralized Autonomous Organization (DAO) model. Using blockchain networks and smart contracts, the platform allows the WINGS community to promote proposals with the greatest chance of positive returns. WINGS, in essence, is a decentralized forecasting ecosystem, where token holders are given an incentive to make choices concerning projects on the platform.

The DAO is a popular concept for crypto-projects that want to remain entirely on the web. Using the peer-to-peer technology of blockchain and smart contracts to enforce the rules of participation is…

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Blogs

6 Blockchain Predictions For 2019

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As 2018 moves closer towards its end, investors, developers, and tech enthusiasts are starting to turn their gaze towards the future. 2019 is less than two months away, and it promises new breakthroughs and large changes. This is especially true when it comes to blockchain technology.

While 2018 was an important year for this technology’s development, many are wondering what awaits us in the near future. Because of this, we have created a list of 6 predictions regarding the blockchain, as well as what might happen to it in 2019. Let’s begin.

1. Search for new and better business use cases

Blockchain technology is wrongly seen by many as a magical way to resolve all issues that we struggle with today. However, while it is true that blockchain can help with a lot of them, there are still numerous other problems that are better suited to be solved by alternative technologies. Robotics, AI, and similar technologies are not to be discarded in blind faith in the blockchain.

Researchers and developers have recognized this, which is why 2019 will be dedicated to finding specific use cases for blockchain technology. Blockchain will be used in situations where it can have the strongest positive impact. In other words, the goal is not to find places where this tech can fit, but to find places where it is the best fit.

2. Fixing blockchain industry’s image

For a lot of people, blockchain…

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Blogs

TRON DEX Goes Crazy, TRX Founder Asks For More Projects

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TRON DEX
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Less than a week ago, TRON (TRX) community uncovered a new DEX (decentralized exchange) on Tronscan.org. Since TRON community is among the strongest and most supportive communities to ever support a coin, trading activity on this DEX quickly skyrocketed.

So much so, in fact, that TRON’s founder, Justin Sun, felt that he should share this fact on his Twitter account.

TRON DEX sees massive growth in activity

Since Sun shares a lot of traits with TRX community, such as tirelessness and fascination with this project, he was quick to urge the community to come up with additional tokens and projects.

While Sun’s statement that the activity on the DEX is “going crazy” is pretty accurate, many do not realize just how accurate this is. It should be pointed out that the number of tokens on the exchange was 3 on November 10th, when the DEX was originally uncovered. Today, on November 13th, the number of available tokens has doubled.

In addition, 4 out of 6 trading pairs offered on the exchange have experienced significant gains, with the remaining two experiencing only slight drops. The growth was experienced by Dice/TRX (146%), TronWatchMarket/TRX (8.27%), WIN/TRX (89%), and SEED/TRX (1.73%). The drop was experienced…

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