Stellar Market Cap Hits $13.65 Billion (XLM)

Stellar (XLM) traded 7.6% lower against the dollar during the twenty-four hour period ending at 10:00 AM ET on November 26th. In the last week, Stellar has traded up 100.5% against the dollar. One Stellar coin can now be purchased for approximately $0.45 or 0.00000487 BTC on major cryptocurrency exchanges. Stellar has a market cap of $13.65 billion and $3.93 billion worth of Stellar was traded on exchanges in the last day.

Here is how similar cryptocurrencies have performed in the last day:

• 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 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded down 4% against the dollar and now trades at $92,582.58 or 0.99181793 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 5.5% lower against the dollar and now trades at $92,185.83 or 0.98756766 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Stellar Coin Profile

Stellar (CRYPTO:XLM) uses the hashing algorithm. It was first traded on July 31st, 2014. Stellar’s total supply is 50,001,786,911 coins and its circulating supply is 30,036,369,936 coins. The Reddit community for Stellar is https://reddit.com/r/stellar and the currency’s Github account can be viewed here. Stellar’s official Twitter account is @stellarorg and its Facebook page is accessible here. Stellar’s official website is www.stellar.org. Stellar’s official message board 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 possible to buy alternative cryptocurrencies such as Stellar directly using U.S. dollars. Investors seeking to acquire Stellar should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Stellar using one of the aforementioned exchanges.

XLM/USD price chart by TradingView