Stellar (XLM) Trading Down 1.1% This Week

Stellar (XLM) traded up 0.2% against the dollar during the 24-hour period ending at 23:00 PM ET on July 10th. Stellar has a market capitalization of $2.57 billion and $45.09 million worth of Stellar was traded on exchanges in the last day. Over the last week, Stellar has traded 1.1% lower against the dollar. One Stellar coin can now be bought for approximately $0.0878 or 0.00000152 BTC on major exchanges.

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

  • KILT Protocol (KILT) traded up 1.4% against the dollar and now trades at $0.19 or 0.00000323 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 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 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 up 2.5% against the dollar and now trades at $0.0123 or 0.00000021 BTC.

Stellar Coin Profile

XLM uses the hashing algorithm. It was first traded on July 31st, 2014. Stellar’s total supply is 50,001,786,967 coins and its circulating supply is 29,227,063,885 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. The official message board for Stellar 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.”

Buying and Selling Stellar

It is usually not possible to purchase alternative cryptocurrencies such as Stellar directly using U.S. dollars. Investors seeking to acquire Stellar should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Stellar using one of the exchanges listed above.

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