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What You Need to Know About Stellar (XLM) Price Prediction

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Stellar
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As a platform that has been created to allow for the swift transfer of digital assets, Stellar has had a good track record and boasts of potential growth going forward. The XLM cryptocurrency currently stands at the 8th position in the market according to CoinMarketCap, with a market capitalization of about $7 billion.

For the uninitiated, Stellar Lumen was founded in early 2014 and is governed by a non-profit organization as an open source platform. Any crypto enthusiast will tell you that Stellar is a must-have coin on your portfolio and for a good reason, the cryptocurrency has been on the up and up with a gain of over %900 percent in the last year alone. At its current price around $0.40, Stellar XLM is without a doubt one of the most affordable coins on the top ten lists on CoinMarketCap.

But let’s face it, no matter the price of a coin, all an investor needs to know is whether there is a chance for significant gain either in the short or long term. Here are a couple of price predictions that you should know about.

2018 Stellar’s (XLM) price predictions

Although price prediction in the crypto world is a dime a dozen, there is something particularly special about what the predictions surrounding Stellar have to say. First of all, you need to know that Stellar and Ripple are pretty similar in their methodology.

Apart from the fact that they are built on Blockchain principles, they also have a similar target which is the large banks and financial institutions.  By this reason, a good number of the prediction have compared Ripple’s price to Stellar with most saying that the price of XLM will soon hit the $1 mark.

In fact, stellar has made huge advancements with partnerships that include companies like IBM that have agreed to provide this Blockchain startup eight anchors for its Stellar network to boost efficiency. Keep in mind that IBM is already on track to build over 50 Blockchain applications.

With that being said here are some top predictions that will give you a deeper insight into where Stellar (XLM) is going.

Prediction from Altcoin Forecast

Altcoin forecast is a top firm for altcoins price predictions and predicts that Stellar’s price in relation to Bitcoin’s value will go as high as 0.00004744 BTC in the short term with a long-term prediction of 0.0002 BTC per XLM.

Predictions from EFA (Economic Forecast Agency)

If you are looking for metrics that count, then the EFA offers predictions backed by a sophisticated algorithm that is just right. This firm has a detailed report on Stellar’s price prediction estimated to hit the $1 mark in the next 4 years.

Predictions from WalletInvestor

If 4 years is not as exciting, then you might love what WalletInvestor has to say about Stellar’s price in the future. This firm carried out a market price analysis and concurs that Stellar’s price will grow in 2018. However, their analysis indicated that the $1 mark will be achieved by 2021 especially if the price ends at a value above the $0.5 mark by the end of the year.

To wrap up

Although currently there is a market price correcting that has seen most (if not all) altcoins (Stellar included) shed a few of the gains they have been making in the past few days, there is still hope for Stellar’s price to go up. Obviously, it’s always a good idea to “but the dip “in any market and if you ask any savvy investor, they will tell you that now is the right time to jump in.

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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.

Image courtesy of Carl Jones via Flickr

Bitcoin

Investors Beware: Another Large Bitcoin Crash Might Be Coming

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Bitcoin crash
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The crypto prices have surged quite high in the last few months. Of course, their progress is nowhere near the one seen in 2017, but they appear to be getting there, one day at the time. However, things might not be as simple as that, and according to recent performance — it is more than possible that a major Bitcoin crash is incoming.

The fact is that cryptos saw a massive amount of growth in a very short period. Bitcoin itself more than doubled its price in only two months. Now, the rally is starting to crash in on itself, and the coin is already about $1,000 lower than last week. If such development does come to pass, a lot of people will experience quite large losses, although experienced investors might find some opportunities, and leverage in order to enhance their holdings’ long-term value.

For example, Bitcoin dominance is expected to crash very quickly, which will work in favor of quite a lot of altcoins. While this does not seem to be the best time to invest in BTC, altcoins are another story, and diversifying a portfolio now might end up being very profitable in days to come.

Bitcoin behavior mirrors the pre-bear market situation

The crash that analysts are predicting right now comes as a direct consequence of all the hype that has been building up in…

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Altcoins

Top 3 Coins to Buy Before They Go Big

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coins
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Crypto bulls are back, that much is clear. The long-lasting, harsh crypto winter is gone, and the new era in digital currency sector opens up some rather interesting opportunities. With many more bull runs expected to come in months ahead, a lot of coins are likely to blow up and maybe even hit new all-time highs, although that still remains purely theoretical.

On the other hand, the fact is that numerous coins are seeing prices that were not achieved since early 2018, and the overall momentum remains bullish. With that in mind, even if new records do not come for a very long time — chances are that many of the coins will blow up enough for investors to see some serious gains in months to come. As a result, investing in some of these coins now might be a very profitable decision, for those who have the patience to wait a few months. Here are some of the projects believed to have the greatest potential to go big in the second half of 2019 and beyond.

1. TRON (TRX)

Putting TRON on the list should not really surprise anyone, as the project constantly comes up with new project updates, partnerships, and alike. It also constantly breaks records, as is becoming one of the biggest players in the dApp and smart contract development sector.

In the past few…

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Blogs

Can Crypto Credit Cards Disrupt the Fight Against Financial Crime?

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crypto credit cards
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It is commonly known that the world of finances has the biggest problem with the crime of all existing industries around the world. It has been so throughout history. While the financial world has evolved, so did the criminal activities, and they continue to be an issue. With the arrival of cryptocurrencies, many were hoping that financial crime might be disrupted. However, for now, at least, it appears that cryptos themselves cannot find a way to resolve issues such as international money laundering.

In fact, when it comes to money laundering, the crypto sector appears to be the weakest link, especially because of the nature of digital currencies. The anonymity that cryptos are being praised for means that anyone can get a payment from an unknown source from anywhere in the world. This method can then be used for financing drug trafficking, cyberattacks, terrorists, and more.

Until recently, it was not easy for bad actors to make use of cryptocurrencies obtained for illegal purposes. The number of merchants willing to accept the coins was low, and criminals were forced to find a way to exchange crypto into fiat currencies. However, this came with a set of issues, such as taking foreign exchange risks and then sending the money through wallets and exchanges to a banking system that would allow withdrawal. The banking account was the biggest obstacle here,…

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