Stellar (XLM) Price Hits $0.0953

Stellar (XLM) traded down 1.7% against the US dollar during the 24-hour period ending at 12:00 PM Eastern on October 21st. Stellar has a total market cap of $2.83 billion and approximately $46.50 million worth of Stellar was traded on exchanges in the last day. In the last seven days, Stellar has traded 2.1% higher against the US dollar. One Stellar coin can now be purchased for approximately $0.0953 or 0.00000142 BTC on major exchanges.

Here’s how related 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.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded up 17.9% against the dollar and now trades at $0.0944 or 0.00000141 BTC.

About 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 29,734,436,613 coins. Stellar’s official message board is stellarcommunity.org. Stellar’s official Twitter account is @stellarorg and its Facebook page is accessible here. The Reddit community for Stellar is https://reddit.com/r/stellar and the currency’s Github account can be viewed here. Stellar’s official website is www.stellar.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.”

Buying and Selling Stellar

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 Changelly, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Stellar using one of the aforementioned exchanges.

XLM/USD price chart by TradingView