Stellar Price Hits $0.0939 on Top Exchanges (XLM)

Stellar (XLM) traded down 0.4% against the U.S. dollar during the 1-day period ending at 18:00 PM Eastern on October 28th. One Stellar coin can now be purchased for approximately $0.0939 or 0.00000135 BTC on exchanges. Over the last week, Stellar has traded down 2.3% against the U.S. dollar. Stellar has a market cap of $2.79 billion and $41.89 million worth of Stellar was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 2.5% against the dollar and now trades at $69,481.15 or 0.99654379 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 2.1% against the dollar and now trades at $69,225.00 or 0.99286989 BTC.

About Stellar

Stellar (XLM) uses the hashing algorithm. It launched on July 31st, 2014. Stellar’s total supply is 50,001,786,925 coins and its circulating supply is 29,745,860,898 coins. The Reddit community for Stellar is https://reddit.com/r/stellar and the currency’s Github account can be viewed here. The official website for Stellar is www.stellar.org. Stellar’s official Twitter account is @stellarorg and its Facebook page is accessible here. The official message board for Stellar is stellarcommunity.org.

According to CryptoCompare, “Stellar is an open-source, decentralized blockchain network designed to facilitate the transfer of money and other assets between people and institutions. It was created by Jed McCaleb and Joyce Kim in 2014 and is overseen by the Stellar Development Foundation (SDF). Stellar can support a wide range of use cases, including remittances, micropayments, mobile money, and mobile banking, and is an attractive option for those looking to transfer funds across borders quickly and efficiently. The network’s native cryptocurrency, the lumen (XLM), serves as a digital asset for denominating network requirements, and is required to meet minimum balance requirements and pay transaction fees. In addition, it can act as a medium of exchange between otherwise illiquid assets, making it easier to move money between users.”

Stellar Coin Trading

It is usually not currently possible to buy alternative cryptocurrencies such as Stellar directly using U.S. dollars. Investors seeking to acquire Stellar should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Stellar using one of the exchanges listed above.

XLM/USD price chart by TradingView