What is Stellar Lumens (XLM)?The Stellar network is a pragmatic blockchain project which aims to work as a bridge between the exactly opposite worlds of decentralized cryptocurrency and traditional, centralized financial institutions. Stellar is known for its unique consensus method — the Stellar Consensus Protocol, which is totally unique in the blockchain ecosystem in a traditional sense.
Stellar is a blockchain platform which is primarily focused on integrating distributed ledger technology (DLT) into existing financial infrastructure. Stellar presents as the future of banking and intend to address the gaps that exist between the disparate closed system, composed of the current international financial markets.
Market prediction for Stellar-Lumens priceAs the market is very volatile, it is not easy to predict any cryptocurrency per se, that too, when it is the 6th largest cryptocurrency in the world. Looking at all the predictions given by the market enthusiasts/ publications/ traders, one thing is certain that there is a lot of hope surrounding Stellar price prediction.
#1 Long Forecast
Long Forecast gave an entirely conservative prediction, where they forecasted that by the end of 2019, XLM might reach $0.30, which make sit look like it won't grow much as compared to the current price. Maybe, the end of 2019 prediction is missing if this can be considered the prediction for the 1st half of 2019.
#2 Wallet InvestorWallet Investor updates prices and predictions every three minutes using the latest technical analysis. They have very conservatively made a 5-Year forecast of $1.005.
#3 Mega Crypto PriceThe price forecast at Mega Crypto Price has been very optimistic for all the cryptocurrencies and its the same for XLM, too, predicting that Stellar could be worth $5.10 by the end of 2019. The team says that this can be achieved as long as there are no major security flaws and the overall sector performs well.
#4 Monetize Info
Monetize believes that Stellar’s major partnerships will be the major reason behind an upcoming price surge, which might result in XLM’s price reaching $2-$3 by 2019. Beyond IBM, Stellar’s partners include Stripe, Deloitte, etc.
For example, Stripe gave Stellar a 3-million-dollar capital injection a few years back which Stellar immediately returned in XLM.
#5 The Economy Forecast AgencyThis website features a long-range forecasting model to make market forecasts for corporate clients. The website has its own price prediction for 2020, which says XLM will see a high of $0.64 in 2020, which is by far the most conservative and pessimistic of XLM’s price predictions.
Stellar is also getting ahead of its competitor by announcing a partnership with TransferTo, which will boost international money transfer, efficiently. 2019 will experience the continuity in the success of Stellar, where it might be hovering around $0.505 in February and March, after which it might pick up to reach around $0.611 in the second quarter. Because of its partnerships with the famous tech giants- IBM and Deloitte, it will be a market player in 2019. By the end of 2019, the XLM price may reach $0.664. You can
convert XLM to BTC from CoinSwitch at the best rate.
Let me know what you all think about this coin...