Stellar Trading 15.7% Lower Over Last Week (XLM)

Stellar (XLM) traded 0.6% lower against the U.S. dollar during the 24-hour period ending at 8:00 AM ET on April 17th. Stellar has a market cap of $3.08 billion and approximately $82.70 million worth of Stellar was traded on exchanges in the last 24 hours. One Stellar coin can currently be purchased for about $0.11 or 0.00000172 BTC on popular exchanges. In the last seven days, Stellar has traded 15.7% lower against the U.S. dollar.

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

• KILT Protocol (KILT) traded 6.4% lower against the dollar and now trades at $0.33 or 0.00000528 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 down 2.2% 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 1.6% against the dollar and now trades at $0.0088 or 0.00000014 BTC.

Stellar Coin Profile

Stellar (XLM) 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 28,877,673,825 coins. 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. Stellar’s official website is www.stellar.org. Stellar’s official message board is stellarcommunity.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 currently 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 Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Stellar using one of the exchanges listed above.

XLM/USD price chart by TradingView