Stellar (XLM) Reaches Self Reported Market Capitalization of $5.04 Billion

Stellar (XLM) traded down 8.9% against the U.S. dollar during the one day period ending at 9:00 AM E.T. on February 5th. One Stellar coin can now be bought for about $0.16 or 0.00000227 BTC on exchanges. In the last week, Stellar has traded 21.5% lower against the U.S. dollar. Stellar has a market cap of $5.04 billion and $232.55 million worth of Stellar was traded on exchanges in the last 24 hours.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded down 7% against the dollar and now trades at $70,917.53 or 1.00721187 BTC.

Stellar Coin Profile

XLM uses the hashing algorithm. Its genesis date was July 30th, 2014. Stellar’s total supply is 50,001,786,884 coins and its circulating supply is 31,531,408,660 coins. 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. The official message board for Stellar is stellarcommunity.org.

According to CryptoCompare, “Stellar is a decentralized platform that aims to connect banks, payments systems, and people. Integrate to move money quickly, reliably, and at almost no cost. Supported by a nonprofit, Stellar's goal is to bring the world together by increasing interoperability between diverse financial systems and currencies.Stellar is a technology that enables money to move directly between people, companies and financial institutions as easily as email. This means more access for individuals, lower costs for banks and more revenue for businesses.Stellar Lumens is not mineable and does not use proof of work (PoW). Instead, Stellar uses SCP, the stellar consensus protocol. Blockchain data provided by: Blockchair (Block Number), Stellar.org Dashboard (Total Supply)”

Buying and Selling Stellar

It is usually not presently possible to buy alternative cryptocurrencies such as Stellar directly using U.S. dollars. Investors seeking to trade Stellar should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Coinbase. 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