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

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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

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Reasons Why You Are Much Safer When Crypto Trading on Dexes

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While many cryptocurrencies aim to bring the change to the world by bringing full decentralization, one aspect of the crypto space still remains mostly centralized, and that is the way they are exchanged. Most crypto exchanges are centralized companies, where traders and investors need to deposit their coins for safekeeping. This is a risky way to handle the funds, as exchanges remain susceptible to hacks and theft, as many realized recently, after the hack of the world’s largest exchange by trading volume, Binance.

During the hack, around 7,000 BTC (over $40 million) was taken, and sent to multiple wallets, never to be seen again — for now, at least. The hack also came as quite a shock, as Binance was known for its efficiency, security, and high levels of confidence. It also made people realize that their coins are not really theirs if they need to rely on third parties, such as exchanges, to keep them safe. As a result, many are now turning away from centralized exchanges, and are heading towards decentralized ones — also known as DEXes.

Here are some reasons why you might want to consider doing the same.

1. True ownership of your coins

The crypto community has a saying: “not your keys, not your coins.” The saying is now more relevant than ever, but it does not apply on DEXes. Decentralized exchanges

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Crypto Billionaire Predicts Massive Price Growth by 2021

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Crypto prices are once again going up, and Bitcoin has just passed a major resistance level at $6,000. With a situation like that, it is not surprising that everyone in the crypto community is looking forward to the future, wondering what to expect in years to come. Many experts have already given their predictions, some more optimistic than others, but almost all bullish.

Crypto billionaire Mike Novogratz has always been very supportive of cryptocurrencies, and very bullish on Bitcoin. He recently stated that he sees the coins’ prices triple in the following 18 months, meaning that Bitcoin’s return to $20,000 might not be far away, according to him.

He noted that Bitcoin is back to $6,000 after its price hit as low as $3,100 only a few months ago. These days, Novogratz does not believe Bitcoin will return to such lows unless there is a devastating exchange hack or a major shift in regulations. Of course, there was a big hack that had the potential to damage the coin’s price, only days ago. The world’s largest crypto exchange by trading volume, Binance, saw a significant security breach which resulted in a theft of 7,000 BTC.

However, so far, the coin did not react negatively to this incident. While Novogratz believed that such an event would shatter the new confidence in BTC, it simply did not happen. However, he…

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Altcoins

TokenRoll (TKR) Platform Will Take Online Casinos to the Next Level

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TokenRoll
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Corporate executives are turning to blockchain technology more than ever in an attempt to revolutionize the business world.  Although blockchain is still a relatively new concept, that hasn’t stopped more and more companies from jumping on the bandwagon.  This hot new technology has quickly gained a reputation for providing greater transparency, enhanced security, improved traceability, increased efficiency, and low costs.  One industry that could certainly benefit from decentralization is the online gambling market, specifically, online casinos.  TokenRoll (TKR) has developed a platform that appears to offer a promising alternative to centralized casinos.

Problems with Centralized Casinos

The primary reason why blockchain technology is being implemented so quickly is because it solves a lot of the problems typically associated with the traditional business model.  And online casinos are no different.  It still needs to be said that centralized casinos have proven that there is a great demand for online gambling.  The market is growing faster than anyone could have predicted, and future opportunities appear very promising and lucrative.  But industries are continually evolving and this one is no different.

A few of the problems facing centralized casinos include the following:

  • Little to no transparency
  • Consumer lack of confidence
  • Privacy concerns
  • 48-72 hour wait time for withdrawals

These are four monumental issues that need to be addressed quickly given the global growth of the market.  Casinos need to…

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