Stellar in a short phrase is a solution on using blockchain technology for cross-border payments.
an open network for storing and moving money.
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Rank #15 - kind: Coin - On 389,500 watchlists - Market Cap :$12,053,780,720
Fully Diluted Market Cap: $26,232,197,400
Volume24h: $1,450,433,881
Volume / Market Cap : 0.1201
Circulating Supply :22,975,994,184 XLM
Max Supply: 50,001,806,812
❇️Jed McCaleb founded Stellar with the lawyer Joyce Kim after leaving Ripple in 2013 over disagreements about the company’s future direction.
🌟Stellar 🌟 is a Well-known old crypto same as Ripple in cryptomarket; a decentralized platform that aims to connect banks, payments systems, and people. Integrate to move money quickly, reliably, and at almost no cost. Supported by a nonprofit, Stellar's goal is to bring the world together by increasing interoperability between diverse financial systems and currencies. Stellar is a technology that enables money to move directly between people, companies and financial institutions as easily as email. This means more access for individuals, lower costs for banks and more revenue for businesses. Stellar Lumens is not mineable and does not use proof of work (PoW). Instead, Stellar uses SCP, the stellar consensus protocol.
Blockchair - CryptoCompare - stellar.org
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✅TECHNICAL ANALYSIS
stellar price is trading at around $0.52 .
With a long-term view, xlm is growing in an uptrend channel that has been growing under its midfield since 2019.
And it started its serious uptrend at the same time as Bitcoin and moved on, But it seems that, like Ripple, it has not grown enough and lagged behind the other good altcoins ; we will probably see more Sharpe ascents for this currency for which we have set high goals; If it corrects for any reason, It can finally go down on the EMA 50. and then it will have a pullback.
(Anyway, my constant suggestion to my dear community is to buy step by step (or in a few steps) , With proper capital and risk management and by setting stop-loss , To reduce their risk, Because this crazy market also depends on the odds and there is no certainty.)
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👉This analysis is my personal opinion and you are responsible for your own trades or invests.
❤️with Best Regards and successful trades
👍plz hit that damn like button ,if you agree with it