Stellar Price Down 3.7% Over Last Week (XLM)

Stellar (XLM) traded down 2.8% against the US dollar during the 1 day period ending at 15:00 PM Eastern on October 31st. In the last seven days, Stellar has traded 3.7% lower against the US dollar. Stellar has a total market cap of $2.74 billion and approximately $51.91 million worth of Stellar was traded on exchanges in the last 24 hours. One Stellar coin can now be purchased for approximately $0.0922 or 0.00000130 BTC on major cryptocurrency exchanges.

Here is how similar 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 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 1.2% higher 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 1.5% lower against the dollar and now trades at $70,522.92 or 0.99721270 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 2% lower against the dollar and now trades at $70,375.06 or 0.99512197 BTC.

Stellar Profile

Stellar (XLM) uses the hashing algorithm. It was first traded on July 31st, 2014. Stellar’s total supply is 50,001,786,925 coins and its circulating supply is 29,751,799,570 coins. The official message board for Stellar 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.”

Stellar Coin Trading

It is usually not presently possible to purchase alternative cryptocurrencies such as Stellar directly using US dollars. Investors seeking to trade Stellar should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Changelly or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Stellar using one of the aforementioned exchanges.

XLM/USD price chart by TradingView