2018 was not a good year for cryptocurrencies. From the starting month, the price of different digital currencies began to fall and the situation became worst as the time passed. But last month was a little bit better and the investors were again showing the positivity. Although numerous currencies out there if you are looking to invest in Stellar and want to know its future forecast then you are in exact place. Here we will discuss the XLM price prediction 2018, 2019, 2020 and we will try to throw a light on its future price.
What is Stellar Lumens (XLM)
Stellar is a blockchain project which acts as a bypass between the decentralized cryptocurrencies and centralized financial agencies. XLM is popular for its uniqueness and it is considered as one of the most unique blockchain platforms. The chief goal of Stellar blockchain technology is to amalgamate the distributed ledger technology into the current financial infrastructure. Stellar is very useful for different financial organizations and it is run by a non-profit firm. Stellar helps the financial organizations by cutting their transaction charges.
XLM price prediction 2018
Past 12 months were the great for XLM as it was grown by 900%. Although there was a sudden fall in January 2018 when you compare its prices with 2017. XLM has increased by 2900% in one year. From July its performance is going to be awesome and there was a great news for it in July. IBM, the tech giant has revealed that it will work with XLM. During 2018 there were three remarkable jumps in its price. The initial one was in January when it touched $0.4009 and the second one in May when XLM crossed the $0.4385. And another third jump will take place in the upcoming two months and it is assumed that it will reach on $0.46 according to the different crypto enthusiastic and traders.
XLM price prediction 2019
Stellar has announced its partnership with Satoshi Pay and now it is ready to become a partner with Transfer To. As a result, the performance of Stellar will upgrade and it will increase its value significantly. It is expected that in 2019 Stellar will repeat its past year’s performance. It will increase remarkably. According to its current performance and tie-ups with IBM and Deloitte it is assumed that it will reach 0.664 by the end of 2018.
XLM price prediction 2019
The founder of Stellar has revealed its partnership with more than 30 banks and it is great to enhance the value of any coin. On the basis of its market reputation, we can predict that it can touch $1 in 2020. But due to huge fluctuation in the digital market, nothing is fixed so we can predict only.
Well, folks, XLM is a growing currency and as it is amalgamated with different financial institutions will increase its value accordingly. But you should do your own research before investing in any digital currency. We can give you a rough idea based on technical analysis and current performance. You should also take help of your financial advisor before going further as he/she can give you more valuable suggetion. Still, any query regarding XLM price prediction then comments below and if you have any suggestion kindly share with us.