Stellar has been moving slowly since the beginning of July, but the firm is taking every possible step to increase the popularity and mass adoption of XLM coin. Recently, StellarX recently listed new 1:1 fiat backed XLM tokens offered by token.io, and this may further help in adopting open banking features to the platform. The current market performance of XLM is only going to get better in the coming weeks.
We’re excited to announce that we’ve recently listed new 1:1 fiat backed XLM tokens offered by https://t.co/nIefmRlNg0 with the support of @stkirsch
Check out their USD backed token now on https://t.co/9zGa1hjZvp 💵
— StellarX (@stellarxhq) July 8, 2019
Stellar Price Comparison:
As on July 11, 2019, at 05:35:06 UTC, the price of XLM token is noted at $0.0888. In the last one month, XLM has recorded a downtrend of over 26% dipping from $0.12100 to its current value. XLM surged from $0.12100 to as high as $0.133874 almost throughout the month of June but started dropping steeply and hit $0.1039 in the last week of June. Post that till date, the coin has not been able to recover.
- XLM price is noted to be $0.0888 and 0.00000778 BTC
- The Market Cap of the coin has reached $1,719,191,899
- The 24-hour volume is now $402,823,093
- The ROI of the coin stands at 2,881.41%
- The circulating supply of XLM has reached 19,425,871,142 XLM
Stellar recorded a high at $0.1024 yesterday but closed the day on a low note at $0.095057. The coin has further declined from yesterday’s lowest value, which was noted at $0.093 and may rise back again by the end of the day.
Stellar Price Prediction:
The falling prices of Stellar coin may be momentary, and the coin is expected to revive back again to trade above $0.10 for longer durations. By the end of the month of July, XLM may succeed in achieving this target, and by the end of the year, it may shoot up to trade between the range of $0.2 and $0.25.
This is a good time to plan long-term investments in Stellar token.