Despite starting strongly in today’s trading session, Stellar Lumens price action has resumed an aggressive push to the downside. In...
Stellar Lumens
What is Stellar Lumen
Stellar is a blockchain network whose primary goal is to expand financial inclusion by designing accessible, easy-to-use, and affordable worldwide payment systems.
Stellar Development Foundation, a non-profit organisation founded by Jed McCaleb, Ripple Lab’s co-founder in 2014, is the brains behind Stellar.
Lumen is Stellar’s native token, and it currently trades under the symbol XLM.
Stellar’s main aim is to build universal access, and involvement in the global economy as most of the world’s population are still unbanked.
Is Stellar Lumens a good investment?
Many experts believe that XLM prices could go up in 2022 and 2023. This is because it has fostered strategic partnerships with well established centralised institutions such as Tempo Money Transfer, TransferTo and Deloitte, among others.
It is important to note that although Stellar supports smart contracts on its network, the Ethereum Virtual Machine is not compatible with its smart contract feature.
As always, it is imperative to carry out extensive research before investing in any cryptocurrency before you decide whether to put your hard-earned money into it or not.
How to buy Lumen
You need to get a Stellar wallet and get an XLM address.
Go to CEX.io or the eToro site and choose to buy XLM using a wire transfer or a credit card.
Send the XLM to your preferred wallet for storage.
Latest Stellar Lumens News
After dropping by almost 5 percent in yesterday’s trading session, the Stellar Lumens price (XLM) is looking poised to continue...
The Stellar Lumens price is down 30% so far in June and now approaching a major area of support. Can...
Stellar Lumens (XLM) price is having a major pullback after another failed breakout attempt. The price briefly surpassed the $0.13...
Our Stellar Lumens price prediction is giving mixed signals. This is because XLM price has yet to give a proper...
Stellar Lumens (XLM) price has surged 61% in a single day. This has made it one of the best-performing cryptocurrencies...
Stellar Lumens price is down by less than a percentage point. It is also currently extending the past three trading...
The Stellar Lumens price has been wavering in the past few days amid the ongoing volatility in the cryptocurrencies industry....
Despite bouncing from last week’s low, the Stellar price action is weak, which could be setting XLM up for a...
After last week’s selloff, the Stellar price has established a new trading range, with support at $0.26 and resistance at...