Stellar One Day Volume Reaches $185.13 Million (XLM)

Stellar (XLM) traded down 4.9% against the U.S. dollar during the 24-hour period ending at 14:00 PM ET on July 5th. One Stellar coin can now be bought for about $0.0838 or 0.00000149 BTC on popular cryptocurrency exchanges. Stellar has a total market cap of $2.44 billion and $185.13 million worth of Stellar was traded on exchanges in the last day. Over the last seven days, Stellar has traded 8.9% lower against the U.S. dollar.

Here’s how similar cryptocurrencies have performed over the last day:

• KILT Protocol (KILT) traded down 3.9% against the dollar and now trades at $0.18 or 0.00000324 BTC.
• 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.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 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 0.6% lower against the dollar and now trades at $0.0117 or 0.00000021 BTC.

Stellar Profile

Stellar (XLM) uses the hashing algorithm. Its genesis date was July 31st, 2014. Stellar’s total supply is 50,001,786,967 coins and its circulating supply is 29,167,260,522 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 message board is stellarcommunity.org. Stellar’s official website is www.stellar.org. 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 U.S. dollars. Investors seeking to acquire Stellar should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Changelly or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Stellar using one of the exchanges listed above.

XLM/USD price chart by TradingView