Stellar Price Prediction 2021 – Will XLM Price Hit $1?
Stellar is one of the most promising cryptocurrencies on the market currently. Developed by Stellar Development Foundation, the currency ‘Lumen’ under the symbol XLM is traded on various exchanges.
Steller, one of the top-10 cryptocurrency that Survived all Crypto seasons, From an all-time price of $0.9 in Jan 2018 to as low as $0.02 in 2019, the XLM coin has always showcased a strong desire to propel to new highs.
“ Cryptocurrency Experts Refer To Stellar ( XLM ) As A Cherry On Cake, Everyone Should Stake It ” . But is investing in XLM giving a good return? If yes then how much the price may rise year on year?
Let’s Dive into some of the Stellar Lumens price Predictions and Market factors that indicate the boost of XLM. This piece of writing addresses most of the queries related to XLM price variation in coming days that might help you to plan your investment.
Table of contents
|Market cap||$ 9,154,252,356.0000|
|Circulating Supply||$ 22,900,383,197.3512|
|Trading Volume||$ 1,959,350,101.0000|
|All time high||$ 0.8756 January 3, 2018|
|All time low||$ 0.0005 March 5, 2015|
What is Stellar (XLM)?
Stellar was founded in early 2014 by Jed McCaleb and Joyce Kim. The project was born as a branch of the Ripple cryptocurrency with a total supply of 100 billion, however, the tokens were burnt and currently the supply is reduced to $50 billion. Stellar (XLM) was built on and worked on the Ripple network early on in its growth. However, in November 2015, The Stellar team launched its network on its own protocol.
The primary focus of the platform is to provide remittances and bank loans in the developing economies who are out of scope of banking services. Stellar aims to reduce the transaction cost significantly reducing the time lags.
Stellar Lumens is an altcoin that trades under the XLM symbol. Following the 2017 crypto hype bubble, altcoin became highly popular, causing it to enter the top ten cryptocurrencies by market cap and become one of the market’s most trusted crypto assets.
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XLM Price Prediction for 2021
Stellar began the year 2021 with a price of $0.12. 2021 until the press time has been proved as a pretty fruitful year for the digital asset, as the price maintained its continuous uptrend. Initiating the trade from $0.2, the price kept on surging until it reached the current value of around $0.6.
According to the experts, Stellar will reach $0.5 by the end of April. However, some major and minor dumps may be approaching, yet by the end of 2021, XLM may trade at the price of around $0.8 to $1.
Stellar Price Prediction 2022
Experts predict that the price of Stellar will be trading at $0.68 at the beginning of 2022 and could reach up to $0.77 by the end of June. By the end of 2022 Stellar would be trading at the price of $0.56 per token. However, considering extreme bullish sentiments, the price may also trade above $1.5 to $2 per coin in 2022.
Stellar Price Prediction 5 years
Considering the latest performance of XLM and its established growth, we can predict based on calculations that XLM might go for $5 by the end of 2025.However, few enthusiasts believe that XLM will get above this value, skyrocketing with the increased use of Stellar as one of the fastest currencies in the crypto market. On the contrary, the price may witness a bear market after touching the highs. However, a parabolic move may also follow there after.
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Stellar (XLM) Market Prediction
One thing is certain that there is a lot of hope surrounding the Stellar price prediction, looking at all the predictions given by market enthusiasts and publications which can be viewed as below:
1) Digital Coin Price
Digital Coin price predicts the price to hit $0.6101 by the end of 2021 and eventually maintaining a continuous uptrend, the price may surpass $1.22 by 2025.
2) Wallet Investor
Using the latest technical analysis, Wallet Investor updates prices and predictions every three minutes. It predicts that the XLM price can go up from $0.4051 to $0.789 in the coming year and reach $1.725 by 2026.
According to Capital.com XLM price will be traded at $0.64 by the end of 2021 and rise close to $2 by 2025.
Primexbt predicts $1 levels by the end of 2021 following a retest. However, the price may trade close to $4 by the end of 2023 and experience a bear market in 2024 and eventually go parabolic to hit $10 in 2025.
Our Market Prediction
Stellar is the trusted cryptocurrency by the investors in the world. The year 2021 was a good start for XLM as it continued the bullish trend with its price reaching $0.30. By the end of 2021, the price of XLM might reach up to $1.35. However, the price if dumps may revisit the current levels around $0.3 to $0.3, else propel towards the next target at $4 to $5 in the next 5 years.
XLM Historical Price Sentiments
2014 – 2016
XLM was priced at $0.003 on Sept. 15, 2014, shortly after its initial coin offering (ICO). A few months later in November, XLM dipped to it’s all-time low of $0.001227 XLM fluctuated between $0.001 and $0.003 over the coming couple of years
2017 initiated with a similar price movements unit in May of 2017, before retracing to $0.01, XLM briefly reached an all-time high of $0.05. Then subsequently the price of XLM was steady for some period.
By December, Bitcoin broke $10,000 for the first time, and altcoins followed the upward trajectory, like XLM, which added more than 50% overnight at one point. The price initiated an uptrend by the end of November 2017 being at the foot of the hill.
Soon at the beginning of the year 2018, XLM hit its all-time high of $0.938144 on Jan 4, 2018. And woefully entered into a bearish divergence. Sliding downwards including a couple of spikes, the XLM price reached $0.11 by the end of 2018.
2019 has been a frustrating year for this crypto. XLM saw a steady decline over the year, beginning the year at $0.1 cent. In comparison, Stellar’s burning of 50 percent of XLM coins further limited the development of the coin. Thus it is probable that Stellar will lose more value against Bitcoin.
XLM was valued in the beginning of 2020 at $0.0451 and spent the early part of the year fluctuating between $0.05 and $0.06. Then there was the beginning of an upward trend in July. The coin finally hit $0.118987 in mid-August, before settling in early September at about $0.08.
A partnership with 30 banks and ventures like Mobius, Hashcash, and SatoshiPay was announced by Jed McCaleb.
The coin continued to trade at the price range between $0.08 and $0.10 until the mid of November. The price dramatically increased to $0.22 and further plunged to $0.15. By the end of November Stellar was trading at $0.20.
The Stellar price has been to the moon and back since November as the bears dragged Stellar prices down to $0.14 in early December. Stellar settled at a trading price of $0.16 in the mid of December. At the end of 2020 stellar was trading at $0.12.
Stellar Lumens is one of the top cryptocurrencies by market capitalization and is favored by most crypto users.
It is estimated that Stellar Lumens might reach $1 by 2022
No, XLM runs on Stellar blockchain. It is not related to Ethereum tokens.
Stellar Lumens has produced a great milestone for its future. Considering those intact, it has great potential to grow.