Stellar Trading 0.1% Higher Over Last Week (XLM)

Stellar (XLM) traded down 1.8% against the dollar during the 24 hour period ending at 9:00 AM E.T. on May 8th. Over the last week, Stellar has traded up 0.1% against the dollar. Stellar has a market capitalization of $3.10 billion and $59.66 million worth of Stellar was traded on exchanges in the last day. One Stellar coin can currently be bought for $0.11 or 0.00000173 BTC on popular cryptocurrency exchanges.

Here is how related cryptocurrencies have performed over the last day:

  • KILT Protocol (KILT) traded 1.6% lower against the dollar and now trades at $0.30 or 0.00000478 BTC.
  • 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
  • Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
  • Belrium (BEL) traded flat against the dollar and now trades at $2.51 or 0.00009565 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 2.9% higher against the dollar and now trades at $0.0102 or 0.00000017 BTC.

Stellar Coin Profile

Stellar uses the hashing algorithm. Its genesis date was July 31st, 2014. Stellar’s total supply is 50,001,786,995 coins and its circulating supply is 28,932,007,774 coins. Stellar’s official Twitter account is @stellarorg and its Facebook page is accessible here. Stellar’s official message board is stellarcommunity.org. 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.

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 presently possible to buy alternative cryptocurrencies such as Stellar directly using US dollars. Investors seeking to trade Stellar should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Stellar using one of the aforementioned exchanges.

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