Stellar Trading 6.2% Lower Over Last 7 Days (XLM)

Stellar (XLM) traded down 2.4% against the US dollar during the 24-hour period ending at 7:00 AM ET on June 22nd. One Stellar coin can now be bought for $0.0910 or 0.00000142 BTC on popular exchanges. During the last week, Stellar has traded down 6.2% against the US dollar. Stellar has a total market cap of $2.65 billion and $49.62 million worth of Stellar was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed during the last 24 hours:

  • KILT Protocol (KILT) traded 3% lower against the dollar and now trades at $0.21 or 0.00000323 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 up 1.9% 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.
  • 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 2% higher against the dollar and now trades at $0.0107 or 0.00000017 BTC.

Stellar Coin Profile

Stellar (XLM) uses the hashing algorithm. Its launch date was July 31st, 2014. Stellar’s total supply is 50,001,786,967 coins and its circulating supply is 29,116,684,455 coins. Stellar’s official message board is stellarcommunity.org. The official website for Stellar is www.stellar.org. The Reddit community for Stellar is https://reddit.com/r/stellar and the currency’s Github account can be viewed here. Stellar’s official Twitter account is @stellarorg and its Facebook page is accessible here.

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 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 Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Stellar using one of the exchanges listed above.

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