Stellar (XLM) Achieves Market Cap of $2.83 Billion

Stellar (XLM) traded down 1.6% against the dollar during the 24 hour period ending at 13:00 PM E.T. on October 30th. Stellar has a total market capitalization of $2.83 billion and $51.63 million worth of Stellar was traded on exchanges in the last 24 hours. One Stellar coin can now be bought for about $0.0951 or 0.00000132 BTC on exchanges. During the last week, Stellar has traded 2% higher against the dollar.

Here’s how related cryptocurrencies have performed during the last 24 hours:

• 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 0% against the dollar and now trades at $71,933.06 or 0.99675675 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 0.5% against the dollar and now trades at $71,906.43 or 0.99638767 BTC.

Stellar Profile

XLM uses the hashing algorithm. Its genesis date was July 31st, 2014. Stellar’s total supply is 50,001,786,925 coins and its circulating supply is 29,745,857,883 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. The official website for Stellar is www.stellar.org. 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.”

Buying and Selling Stellar

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

XLM/USD price chart by TradingView