Stellar (XLM) Price Up 108.5% Over Last 7 Days

Stellar (XLM) traded up 22.8% against the U.S. dollar during the 24-hour period ending at 10:00 AM E.T. on November 22nd. Stellar has a market capitalization of $8.94 billion and $2.64 billion worth of Stellar was traded on exchanges in the last day. One Stellar coin can now be bought for approximately $0.30 or 0.00000306 BTC on exchanges. During the last week, Stellar has traded 108.5% higher against the U.S. dollar.

Here’s how other cryptocurrencies have performed during the last day:

• 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 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 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.
• SolvBTC (SOLVBTC) traded 0.4% higher against the dollar and now trades at $97,306.95 or 1.00031337 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 0.2% against the dollar and now trades at $96,930.15 or 0.99643988 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

About Stellar

Stellar (XLM) uses the hashing algorithm. It was first traded on July 31st, 2014. Stellar’s total supply is 50,001,786,911 coins and its circulating supply is 29,991,541,263 coins. Stellar’s official Twitter account is @stellarorg and its Facebook page is accessible here. The official website for Stellar is www.stellar.org. The official message board for Stellar is stellarcommunity.org. The Reddit community for Stellar is https://reddit.com/r/stellar and the currency’s Github account can be viewed 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.”

Stellar Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Stellar directly using US dollars. Investors seeking to trade Stellar should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. 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