XLM - yes or no?

[JamesDaniel90]

Is your goal to make 10x profit? Is that right? If so, we have many safer options than XLM, such as ETH, BNB, or ADA...lots of potential altcoins hundreds of times your old coin. Honestly, I didn't even remember it until I saw your thread. Or if you have better knowledge, I recommend investing in new projects rather than old ones like XLM or XRP. We have potential projects for the next bull season, like ARB and APT...Many projects are about to release tokens, so why ignore them?

A 10x would be great return and would be happy with it but hoping for more then that with most of the altcoins I hold.

[traderethereum]

Hi,

I am looking for a new position to start DCA into while prices are low and thinking of XLM.

Up until now had not really paid much attention mainly because I notice they didnt perform that well in the last bull run but I see this is now due to being closely linked with XRP who still have the ongoing case - or do I have that wrong?

Anyway, there is a lot of noise on Youtube currently for XLM - some saying it will do really well when XRP wins their case - is this likely?

With a current price of $0.10 I am just thinking of bagging 3 or 4 thousand and hoping it does a 10x or something if XRP wins the case.

Be good to hear thoughts on XLM, both good and bad?

We don't know if XLM can go 10x after the altcoin season but the chances are there.
It is important to research before deciding so you won't regret it.
If you have researched and found XLM is a potential coin that can increase even up to 10x, you can use the money you can afford to invest in XLM.
If I were you, I would invest quite a bit in XLM to diversify my investment apart from other coins like ETH, BNB and BTC, which remain my main investment.

[Mikhalina Palaha]

XLM is definitely an interesting option to consider, especially with the current low prices. I think it's worth noting that XLM has a lot of potential to grow in the future, given its strong partnerships and use cases.

In terms of the XRP case, I mean, there is definitely some correlation between the two cryptocurrencies, but it's important to keep in mind that XLM has its own unique value proposition and use cases.

While XRP's case may have an impact on the cryptocurrency market as a whole, I don't think it should be the sole factor in your decision to invest in XLM. The noise on Youtube can be a bit overwhelming at times, but it's always good to do your own research and make informed decisions. It's important to consider both the positive and negative aspects of any investment, and XLM is no exception.

Some potential drawbacks of XLM could include its competition with other decentralized payment networks, as well as the potential for regulatory hurdles.

[Bpcryptohub]

Hi,

I am looking for a new position to start DCA into while prices are low and thinking of XLM.

Up until now had not really paid much attention mainly because I notice they didnt perform that well in the last bull run but I see this is now due to being closely linked with XRP who still have the ongoing case - or do I have that wrong?

Anyway, there is a lot of noise on Youtube currently for XLM - some saying it will do really well when XRP wins their case - is this likely?

With a current price of $0.10 I am just thinking of bagging 3 or 4 thousand and hoping it does a 10x or something if XRP wins the case.

Be good to hear thoughts on XLM, both good and bad?

XLM is an interesting coin and there are a number of factors that could potentially drive its price up. As you mentioned, it is closely linked to the XRP case, and if XRP wins, it is likely that XLM could benefit as well.  XLM is currently the 4th largest cryptocurrency and has been gaining attention recently with its partnership with IBM and its usage as a payment system for some online services. It is also worth noting that XLM has seen some strong price movements in the past, and could potentially do so again if the market sentiment becomes bullish.

[Abiky]

Hi,

I am looking for a new position to start DCA into while prices are low and thinking of XLM.

Up until now had not really paid much attention mainly because I notice they didnt perform that well in the last bull run but I see this is now due to being closely linked with XRP who still have the ongoing case - or do I have that wrong?

Anyway, there is a lot of noise on Youtube currently for XLM - some saying it will do really well when XRP wins their case - is this likely?

With a current price of $0.10 I am just thinking of bagging 3 or 4 thousand and hoping it does a 10x or something if XRP wins the case.

Be good to hear thoughts on XLM, both good and bad?

XLM is quite an old cryptocurrency with a strong community behind it. The coin is very similar to Ripple's XRP. What differentiates XLM from XRP is decentralization. The latter is heavily-centralized, while XLM is decentralized. There's not much to it, considering that there are other competing chains delivering real use cases to the world. Developers aren't that interested in building dApps with XLM, unlike ETH or any other alternative blockchain network. Market prices are rather stagnant, especially when demand for XLM is quite poor these days. The IBM partnership made a few years ago, didn't have a positive long-term effect over XLM's price.

I'd suggest you look for other alternatives if you're keen on growing your investment in the future. If you don't care about making large profits, and just want something that's fast and cheap to use for daily payments, then XLM is for you. Transfers on the Stellar (XLM) blockchain are much cheaper and faster than other chains such as BTC, ETH, and even Polygon (MATIC), making this a huge "selling point" for the cryptocurrency. Who knows how long will it last? Just my thoughts

[inanilujimi]

I feel that xlm is not so popular anymore, xlm has lost its heyday. there are many new altcoins that are fresher and the prices are also quite promising. I personally prefer the newest altcoins like Arb, matic, and solana over xlm.

[hd49728]

XLM is quite an old cryptocurrency with a strong community behind it. The coin is very similar to Ripple's XRP. What differentiates XLM from XRP is decentralization. The latter is heavily-centralized, while XLM is decentralized.

Stellar Lumens team did many airdrops in the past and their airdrop distributions make XLM more decentralized. XRP is centralized owned by Ripple company and it is a big risk for XRP investors. In 2022 bear market, we saw how a centralized altcoin project like Terra could be killed by its founder Do Kwon.

There's not much to it, considering that there are other competing chains delivering real use cases to the world. Developers aren't that interested in building dApps with XLM, unlike ETH or any other alternative blockchain network. Market prices are rather stagnant, especially when demand for XLM is quite poor these days. The IBM partnership made a few years ago, didn't have a positive long-term effect over XLM's price.

Stellar looks really good if we check its chart. Not many altcoins can successfully reclaim their all time highs with a new bull run. Stellar did it in the last bull market by rising to almost $0.7 which is its 2018 all time high.

Now its price is cheap about $0.1 and is it good to consider accumulating Stellar around this price just within next 12 months?

Cryptocurrency market will be very bullish after a Bitcoin halving next year.

Any advice?

[adaseb]

Honestly I don’t think it will go anywhere. It was huge in last cycle and many made tons of money but it lost its shine with this cycle just like many other coins. Remember EOS, yeah you probably never heard of it but it was very popular back in the day.

Now nobody wants to buy these tokens they rather just go for the new and better technology like Arbitrium or Blur which I can see actually running this year unlike XLM which will trade sideways or go down.

[OcTradism]

Honestly I don’t think it will go anywhere. It was huge in last cycle and many made tons of money but it lost its shine with this cycle just like many other coins. Remember EOS, yeah you probably never heard of it but it was very popular back in the day.

Now nobody wants to buy these tokens they rather just go for the new and better technology like Arbitrium or Blur which I can see actually running this year unlike XLM which will trade sideways or go down.

Will Arbitrum, Blur and new altcoin projects have similar destiny like EOS, Stellar?

Most of altcoin projects can not fulfill their promised revolutionized technical development missions. I am not feel strange if Arbitrum, Blur will have bad days in 2026 or 2027 bear market like Solana, Polkadot got in 2022 bear market.

They are so hot right now and will continue it in 2024 and 2025 bull run but I am unsure how they will be in a bear market.

[Xal0lex]

Be good to hear thoughts on XLM, both good and bad?

Stellar is quite an old crypto project, so investing in it is already considered a classic choice for your portfolio with minimal risk. XLM shows good returns over time and now its price is a good option to buy. During the global bull run, the price could go back to 50-60 cents, which could give the investor a nice return. Not investment advice, DYOR.

[fvb]

I read the comments of people in this topic and most of the opinions coincide with mine. I think XLM does not have such a potential to surprise. It seems to me that this project will remain at the level at which it is now and it is probably not worth waiting for something more.

[Abiky]

Stellar Lumens team did many airdrops in the past and their airdrop distributions make XLM more decentralized. XRP is centralized owned by Ripple company and it is a big risk for XRP investors. In 2022 bear market, we saw how a centralized altcoin project like Terra could be killed by its founder Do Kwon.

Yes. I miss the good-old days when Stellar announced airdrops to help drive people into its Blockchain network. Now those days are long gone, leaving XLM behind in the dust. Why would anyone join the Stellar blockchain without any incentives? The chain doesn't even reward validators for securing the network. Besides the airdrops, Stellar used to have a feature called "inflation destination". Burnt tokens were sent to XLM hodlers on a daily basis. It served as a nice passive income stream until the Stellar developer team decided to remove this feature altogether.

I guess all of this has diminished market demand for XLM. At least, it's not as heavily-centralized as XRP is. Time will tell us if XLM will last forever or fade away into oblivion until it becomes history.

Stellar looks really good if we check its chart. Not many altcoins can successfully reclaim their all time highs with a new bull run. Stellar did it in the last bull market by rising to almost $0.7 which is its 2018 all time high.

Now its price is cheap about $0.1 and is it good to consider accumulating Stellar around this price just within next 12 months?

Cryptocurrency market will be very bullish after a Bitcoin halving next year.

Any advice?

The supply of XLM is huge, so I wouldn't recommend XLM as a long-term investment. There's little-to-no development activity too, compared to other leading projects in the crypto/Blockchain space. Do your own research and you'll see what I mean.

[lewisrafael40]

I've heard a lot of people talking about XLM recently, and it's definitely piqued my interest. While it's true that XLM and XRP are closely linked, I think XLM has a lot of value on its own. It has some great partnerships and is being used in some interesting projects.

[Inspiron14]

I would say Yes to XLM because XLM is currently very cheap in terms of price,
moreover this year there is still a transition from bearish to bullish, so it is very suitable for investing in XLM,
I myself already have XLM in my wallet and am ready to hold it for the long term.

[ije07]

If you wish to buy, the price of XLM might drop to $0.09 from where it is presently trading at $0.1. You can wait for the price to drop to $0.09 and hold for the long term, which might be highly advantageous for both XLM tokens and XRP, who have already won their first case against the SEC. Even though XLM's best pricing could not come until later in the following year, all of this could have an impact on how the tokens evolve.

[merekamo]

I think XLM could be a good choice for DCA while prices are low, as it has shown some potential for growth in the past. However, I would caution against making investment decisions based solely on YouTube hype and speculation about XRP's ongoing case.

If I saw, XLM's performance in the last bull run, it's important to consider that cryptocurrency prices are highly volatile and subject to many factors beyond just the performance of a single coin. Then, XLM's close ties to XRP may have contributed to its decline in the past, but this doesn't necessarily mean it will continue to be negatively impacted in the future.

In terms of whether XLM will do well if XRP wins their case, it's hard to say for sure. While some people may be bullish on XLM in this scenario, there are many other factors that could impact its price as well.

[mich]

Well now there is more than 4.5 million people with xrp accounts. So I do think it is 1 of the alt coins that people still have hopes in the future they can make profit from it.
And there is lot of use on RippleNet. It has now processed $30 billion across approximately 20 million transactions. So xrp is not a dead project like other alts.
https://www.cryptoglobe.com/latest/2023/04/ripples-xrp-powered-solution-surpasses-30-billion-in-transactions-processed-since-launch/

[CapGelatik]

XLM is rarely discussed now, because currently there are lots of new projects that have entered the top 100 Coinmarketcap,
and the technology they use is also said to be good because it can shift XLM which was previously in the top 10 Coinmarketcap ranking and is now in rank 27,
but don't worry, Stellar isn't a bad project, so don't worry, if you're still investing in XLM, I'm sure XLM will return to ATH in the next bullish.

[Abiky]

I think XLM could be a good choice for DCA while prices are low, as it has shown some potential for growth in the past. However, I would caution against making investment decisions based solely on YouTube hype and speculation about XRP's ongoing case.

If I saw, XLM's performance in the last bull run, it's important to consider that cryptocurrency prices are highly volatile and subject to many factors beyond just the performance of a single coin. Then, XLM's close ties to XRP may have contributed to its decline in the past, but this doesn't necessarily mean it will continue to be negatively impacted in the future.

In terms of whether XLM will do well if XRP wins their case, it's hard to say for sure. While some people may be bullish on XLM in this scenario, there are many other factors that could impact its price as well.

XLM is similar to XRP, but that doesn't mean it will have the same success in the long run. Everything will depend on what real use cases XLM will be able to provide to the mainstream world. The same can be said to XRP. What I like about Stellar (XLM) the most is that it's decentralized. Not like XRP which is heavily manipulated by Ripple, Inc. Fair distribution of XLM in the past through airdrop programs, have made the cryptocurrency much more equitable than XRP itself.

Demand for XLM is low, especially when all of the attention is in smart contract platforms such as ETH, BNB, ADA, and MATIC. If Stellar had smart contract capabilities (dApps), it would be in a better place on the market by now. The code is open source, anyways. So if Stellar (XLM) fails, anyone can easily build a new project using the same code to add better features, among other things. Who knows how long will the cryptocurrency last? Just my thoughts

[Freddie Boyer]

While I've seen XLM have underperformed in previous bull runs, its recent association with XRP may have contributed to this. However, it is important to remember that XRP is currently involved in an ongoing legal case. Thus, it may not be wise to base investment decisions solely on the outcome of the case.

Investing in XLM with the expectation of a 10x return is a high risk strategy and should only be undertaken with a careful consideration of the potential losses. yes, As always, it is important to diversify one's portfolio and not put all one's eggs in one basket.