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Stellar (XLM) poised to see massive gains next year, here’re the reasons why

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Have you seen Stellar Lumen’s (XLM) logo? It’s a rocket heading for the sky.

It just so happens that Stellar Lumens has been gathering a lot of momentum over the last year, so next year we could really see its native token (called XLM) reach for the sky and beyond. In this article, we tell you the reasons why.

Interstellar

This is the result of a partnership between Stellar Lumens and Chain, which already boasted a lot of important partners such as NASDAQ, Citigroup or Visa.

It’s the for-profit arm of the Stellar Lumens project, and they’re already working with Chain’s partners in applying the blockchain technology in many different ways such as decentralized, smart information systems and payments across borders.

The rise of the Security Tokens

Many blockchain projects have financed themselves through ICO’s. This practice may disappear soon because it creates all kinds of problems with financial regulations in many countries around the globe. The new alternative will be the SCO, which will be based in “security tokens” that already exist and can be circulated at once. This gives Stellar an important advantage over other tokens.

IBM

Not enough is said about IBM and Stellar. IBM has a lot of interest in blockchain technology. They are currently pursuing more than 500 blockchain projects around the planet, and their blockchain of choice is none other than Stellar Lumens.

If that wasn’t enough, one of Stellar’s use cases is to eliminate friction from international transfers among banks, and IBM is already working with about 90% of the world’s banks in one way or the other. This gives Stellar a privileged position when it comes to securing partnerships in the financial world.

Starlight

Starlight is an instant payments channel. It’s deployed over the Interstellar network, and it uses XLM as a mediating currency to settle payments across borders. It’s quick, it’s safe, and it charges no transfer fees. It’s Ripple’s worst nightmare. This service will increase demand and usefulness for the XLM coin which, in turn, will drive its price up in exchanges.

Stellar X

It will be a new cryptocurrency exchange that will feature several innovations. First of all, it’s going to run on the Stellar blockchain which means it’s going to be 100% decentralized, which is not the case yet for most exchanges and trading platforms.

Second of all, it will probably adopt XLM as a base currency which will create demand. But even if XLM is not the base coin for the platform, it will earn a lot of attention that will also create demand.

Bakkt

This is one of the most interesting projects in the cryptosphere, and it could go live as early as next week (but don’t quote us on that).

This will be a cryptocurrency exchange created by a partnership between Microsoft, Starbucks, and ICE (which is the New York Stock Exchange’s parent company). You don’t get much bigger names in the world’s capitalist economy.

Bakkt will offer several financial services based in several cryptocurrencies (mainly Bitcoin), but its main aim is to take advantage of digital assets in the real world. In other words: Starbucks wants you to be able to pay for you latté using your bitcoins.

While this is not a development exclusive to Stellar Lumens, as are the others above, it will give the cryptosphere a lot of momentum, credibility, and usefulness, and Stellar will profit from that more than other coins because it already has many proven use cases.

So keep an eye out for Stellar Lumens (XLM) next year (and beyond, of course). You might just be surprised.

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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

TokenPay (TPAY), Litecoin, and Verge (XVG) alliance about to transpire

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TokenPay Litecoin Verge
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Ever since the cryptocurrency sphere was met with the news of the partnership between Litecoin Foundation, TokenPay, and Verge (XVG), the idea of them coming together has been among the most controversial news to ever surface in the cryptocurrency world.

The collaboration managed to even draw the attention of one of the most renowned crypto-influencer and bitcoin campaigner, Tone Vays. In his usual style, Tone took to Twitter handle on hearing the news, tweeting and expressing his disapproval while criticizing the creators of the three cryptocurrencies for allowing such a move to occur.

In retaliation to the attacks from Tone, Charlie Lee, the MD, and founder of Litecoin (LTC) posted his clarification on Reddit on the 17th July in regards to the partnership. Litecoin’s CEO started by explaining the dissimilarities between Litecoin as a currency and Litecoin as a company.

In his remarks, he said that Litecoin as a blockchain and crypto network is a decentralized network, whereas Litecoin Foundation as a company is a centralized non-profit institution whose goal is to ensure Litecoin (LTC) is developed, adopted, and used. Charlie also mentioned that Litecoin’s cryptocurrency and blockchain technologies did not require his direct services at the moment hence his concentration on Litecoin Foundation.

Charlie Lee made his remarks known saying:

“If Litecoin Foundation (LF) is exposed to not doing a good job, nothing should prevent another organisation to step in and do a better job. This is…

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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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Altcoins

4 Things That Will Make An Altcoin Successful

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Since the crypto craze began, there have been hundreds of altcoins that have emerged and attempted to take over the world of crypto with their advanced and innovative ideas. While these days there are well over 2,000 individual coins, there have been many more to emerge and disappear, all within the last 10 years.

Clearly, having an idea and launching the coin itself is not enough. While it is by no means easy to do so, there are additional measures and rules that you, as an altcoin creator, need to consider if you want your coin to remain relevant. Clearly, not every idea can succeed, and after 10 years, it is quite difficult to present something new. However, cryptos are still a new technology, which is why there are still many unexplored possibilities that may allow you to reach success.

Secrets to altcoin success

1. Capturing the attention

As mentioned earlier, there is not a lot of things that are simple when it comes to creating altcoins. However, while your plan and idea make sense to you, no matter how complex they end up being, this will not be the case with potential investors. Many of them might give up on getting involved if they do not understand what the coin is all about, or if the road ahead seems too complicated and unclear.

This is why having an idea is not enough. What you need to…

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