Stellar Price Reaches $0.13 on Exchanges (XLM)

Stellar (XLM) traded 1% higher against the U.S. dollar during the twenty-four hour period ending at 16:00 PM E.T. on May 14th. In the last week, Stellar has traded down 21.5% against the U.S. dollar. One Stellar coin can now be bought for $0.13 or 0.00000457 BTC on major exchanges. Stellar has a total market capitalization of $3.33 billion and approximately $221.03 million worth of Stellar was traded on exchanges in the last day.

Here is how related cryptocurrencies have performed in the last day:

  • JUMPN (JST) traded 25.9% lower against the dollar and now trades at $64.64 or 0.00181864 BTC.
  • Tether (USDT) traded 0% higher against the dollar and now trades at $1.00 or 0.00003404 BTC.
  • XRP (XRP) traded 2.8% lower against the dollar and now trades at $0.41 or 0.00001408 BTC.
  • Wrapped Cardano (WADA) traded down 5.9% against the dollar and now trades at $0.51 or 0.00001753 BTC.
  • Enegra (EGX) (EGX) traded down 0.5% against the dollar and now trades at $158.98 or 0.00541829 BTC.
  • PLC Ultima (PLCU) traded 0% lower against the dollar and now trades at $61,480.16 or 2.09536388 BTC.
  • Polkadot (DOT) traded 2% higher against the dollar and now trades at $10.87 or 0.00037034 BTC.
  • Lido stETH (STETH) traded down 0.6% against the dollar and now trades at $2,947.45 or 0.07417648 BTC.
  • Avalanche (AVAX) traded 6.1% lower against the dollar and now trades at $31.35 or 0.00106838 BTC.
  • Mad Viking Games (MVG) traded flat against the dollar and now trades at $1.41 or 0.00004816 BTC.

About Stellar

Stellar (XLM) uses the hashing algorithm. It launched on July 31st, 2014. Stellar’s total supply is 50,001,787,820 coins and its circulating supply is 24,814,035,899 coins. Stellar’s official message board is stellarcommunity.org. Stellar’s official website is www.stellar.org. The Reddit community for Stellar is /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.

According to CryptoCompare, “Stellar is 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.  Blockchain data provided by: Blockchair (Block Number), Stellar.org Dashboard (Total Supply) “

Buying and Selling Stellar

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

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