Stellar (XLM) Trading 2.9% Lower Over Last 7 Days

Stellar (XLM) traded 1.9% higher against the US dollar during the 24 hour period ending at 16:00 PM ET on May 2nd. In the last seven days, Stellar has traded down 2.9% against the US dollar. One Stellar coin can currently be purchased for $0.11 or 0.00000187 BTC on popular cryptocurrency exchanges. Stellar has a total market capitalization of $3.20 billion and approximately $77.80 million worth of Stellar was traded on exchanges in the last 24 hours.

Here’s how similar cryptocurrencies have performed in the last 24 hours:

• KILT Protocol (KILT) traded 6.6% higher against the dollar and now trades at $0.30 or 0.00000506 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 1.9% higher 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.
• 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 3.3% against the dollar and now trades at $0.0100 or 0.00000017 BTC.

About 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 28,915,665,654 coins. Stellar’s official website 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. 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 presently possible to buy alternative cryptocurrencies such as Stellar directly using U.S. dollars. Investors seeking to trade Stellar should first buy Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Stellar using one of the aforementioned exchanges.

XLM/USD price chart by TradingView