Stellar is one of the top ranking projects for a reason. XLM and IBM are going to be the first to market because Jesse Lund has already stated that they will debut World Wire with over 60 banks- all of which will use XLM as the native currency during cross border transactions. Do any of you even understand the gravity of this? This will put all other cryptocurrencies in the back seat while XLM goes to the moon and beyond.
If there's one coin out there besides BTC that looks to have a bright future, it's XLM. IBM just confirmed their world wire will be immediately available in over 50 countries and will utilize XLM. This is huge news. IBM is adamant about pushing blockchain and their payment gateways, all while using XLM. It's reached an incredibly low point in value, and this is the perfect opportunity to accumulate.
At the moment, it is large traders who are able to stimulate an uptrend in the cryptocurrency market, and their passivity limits the potential for its recovery.
The XLM price, unlike other coins, has already updated its lows ($ 0.107), which indicates its relative local weakness. All that an investor has to do in such conditions is to remain out of position and watch the events aside in order to save capital for future purchases.
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The Stellar platform was founded by Jed McCaleb and Joyce Kim as a fork of Ripple (XRP) in 2014. At first it worked on the protocol of Ripple, but then in 2015 an original Stellar protocol with open source code was created, and the units of the crypto currency were named stellar, though now they...