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Stellar Price Prediction — How Much Will the Cost of XLM Be in 2019-20-25?

  • Denys Serhiichuk
    📚 WikiCoin

    In addition to Bitcoin, there are many other coins to choose from. Stellar is just one of the promising altcoins for investing. Lots of people compare it to Ripple. Indeed, they have a common past but are not used for the same purposes. Let’s study the future plans of Stellar Lumens developers to understand and predict the possible price of this promising cryptocurrency.

Stellar Price Prediction — How Much Will the Cost of XLM Be in 2019-20-25?
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XLM digital currency is intended to handle a worldwide issue: to build up the monetary foundation for fast and simple payments. The key point of the founders was to build up a decentralized ecosystem that offers both individuals and organizations to make transactions without third-parties and in this manner diminish exchange costs. The new coin showed up due to the hardfork of Ripple, however, after a year, it changed to its own open source convention.

Stellar Lumens is going to implement plans to provide each user with an excellent opportunity to create special tokens that can be evaluated inside Stellar in almost any currency, even in fiat. In contrast to large exchanges, trading in the platform will take place without intermediary centralized schemes. The company talks about creating a new blockchain network with a built-in decentralized exchange.
Stellar Lumens logo

Using this ecosystem, you can also make money transfers. For example, you can create a dollar-token, evaluate it at $1, and it will always be tied to the rate of the American dollar, not XLM. This gives the huge potential for using Stellar cryptocurrency in the real world.

The advantages of Stellar include the following specific features:

  • Users have the ability to create a large number of microtransactions inside the Stellar crypto-network;

  • Low commission rates when conducting even large transactions using network software tools;

  • Full compatibility of the platform with other financial instruments;

  • The chance to use any fiat or digital asset;

  • The coin operates in real-time conditions, therefore, it is completely dependent on the market situation, which makes it possible to predict its exchange rate against the dollar and other fiat money;

  • An advanced cryptographic system is used within the network, which improves the overall security and reliability of transactions performed;

  • Support for automatic token exchange;

  • Based on the Stellar Lumens software protocol, third-party developers can create various plug-ins aimed at facilitating currency operations.

Summary of Stellar Lumens Rate in 2018

The rate of XLM for 2018 showed calm dynamics, with the exception of 2 waves of coin growth. Regarding the first one, it happened at the end of December 2017 and demonstrated a limit of $ 0,88. The cause for this was that the popular exchange OKEx added Stellar to the platform. However, after that, the rate was decreasing over 4 months, and only at the end of April ’’bears’’ started to dominate again.

The second growth took place in July as a result of a few important factors: listing on Coinbase, getting Sharia certificate from the Bahrain bank.

👉MUST READ Stellar (XLM) Debuts New Logo, Saying Goodbye to Rocket Ship

Stellar Lumens Price Prediction 2019

Most specialists pick to believe that while the crypto market is in a decrease, the rate of the coin will float at about a similar dimension - $ 0,22-0,25. What's more, just for 2019, it is anticipated that the popularity will grow. There could be a few purposes behind that: the interest of serious financial establishments, whose number is increasing step by step.

Huge numbers of the events that happened with Stellar in 2019 are considered as a positive sign. First of all, it concerns the signing of beneficial agreements with businesses, investors, financial bodies.

Stellar also cooperated with Pundi X, an ecosystem for processing transactions. Stellar founders just do not find it profitable but also consider it as a wonderful opportunity for the future. It is expected to use XML as the primary method for preceding transactions with the Indonesian rupee as a major aspect of this collaboration.

The collaboration with IBM, which is one of the world's biggest producers of hardware and software equipment, gave a chance to the technological giant to proceed cross-border transactions using Stellar and turned it into one more potential growth factor.

👉MUST READ Stellar (XLM) Price Predicted to Grow After IBM’s Major Announcement That Will Make Ripple Worried

Analyzing the goals of the Stellar Lumens platform for 2019, it is worth mentioning one more cause: the coin has chances to be a perfect place for ICO conducting and grab some share of the market from Ethereum. In the near future, the XLM team is about to introduce smart-contracts on its own platform.

The issue is that Ethereum blockchain is mostly written using the Solidity platform, which has similar features of JavaScript. This gives a lot of freedom in writing software code and the great pros of making complex transactions. However, it also opens loopholes for different hackers who write malware for Ethereum.

Cryptocurrency Stellar offers a new language that does not provide such freedom as Solidity. Smart-contracts remain one of the main concepts for the platform, but their overall configuration will be limited for security. Moreover, the founders will not need to hire a professional Solidity employee to work with Stellar.

Stellar Lumens Price Prediction 2020

Stellar logo

Based on the initial plans of Stellar Lumens founders, its future prospects will depend on the number of financial structures that will begin to cooperate with this platform. Information about the signing of a new contract between representatives of the XLM coin and the new company has a positive effect on the quotes of this currency against USD and other fiat money. The most promising partnership contract for this platform was cooperation with the IT giant, IBM, the world leader in computer technology. The first results of this cooperation can be expected within a few years.

If you take into account the positive factors related to the cryptocurrency Stellar, you can count on the fact that it can enter into the number of world cryptocurrencies. Currently, this platform ranks 9th in terms of capitalization.

When considering the forecasts of price prediction for 2020-2025, one should not simply trust economists and surveyors of the cryptocurrency market. It is important to understand that the coin is a volatile asset, so its value is extremely difficult to predict.

👉MUST READ 5 Best Upcoming Cryptocurrencies to Watch in 2019

Reasonability of investing in Stellar Lumens

Investors should understand that when investing in Stellar or any other digital asset, one should not to wait for a big profit in a month. This project was initially positioned as a platform focused on the long-term existence and the gradual conquest of the user audience.

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Nem Price Prediction 2019-20-25 — How Much Will XEM Cost?

  • Denys Serhiichuk
    📚 WikiCoin

    📖🤓Most of the cryptocurrencies lost their value during 2018, however, some of them have potential for future growth. NEM or “New Economic Movement” is such a coin. This digital asset is a unique one, as it is not similar to the most popular cryptos, like Bitcoin or Ethereum, for example. In this article, we analyze the potential of NEM and predict its price within the next few years.

Nem Price Prediction 2019-20-25 — How Much Will XEM Cost?
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The cryptocurrency NEM stands out from the rest of altcoins. This is a young digital currency that has become especially popular among users in Asia.

NEM Platform Features

The founder of the cryptocurrency NEM (XEM) is considered to be a member of the popular portal bitcointalk.org, which is known by the nickname “Utopian Future”. In the second half of January 2014, the user began to discuss the created digital asset and received support from other forum participants.

NEM is an abbreviation for New Economic Movement. The title of digital money is the mission of the project.

The goal of the NEM platform is to create a digital asset that is used in all areas of the economy. Later, an organization called the NEM Foundation was founded, the main task of which is the development of digital currency.

NEM logo

The release of the NEM platform with the XEM coin took place at the end of March 2015. The new cryptocurrency quickly gained popularity in the “Land of the Rising Sun”, and later among users of other Asian countries. The success of the digital money has been driven by its unique features and benefits.

The coin has the following advantages:

  • Unique PoI algorithm (proof-of-importance), which ensures stable operation of the system and automatic confirmation of new units. Today, PoI looks the most successful and fair in comparison with PoW, as well as PoS and its modifications. The amount of remuneration to participants depends on several factors: the number of coins in the wallet, the number of transactions performed, the duration of participation in the system. Block generation time is only 60 seconds, which is one of the highest rates in the industry.

  • Convenience for users. The program used by the platform supports all operating systems. It can be downloaded from the official NEM website.

  • High security. Algorithm Catapult has its own system of self-diagnosis, eliminates the possibility of duplicate payments and prevents system failures. All this provides a high level of protection against cyber attacks.

  • Transaction Rate. The processing of operations on the NEM network takes just seconds, throughput is up to 4 thousand / sec.

  • The limited supply of 9 billion XEM tokens helps to maintain a stable exchange rate.

  • Adaptation of NEM wallets for any, including mobile devices.

  • The constant amount of commission - 0.01% of the transaction.

In the near future, the team is planning to implement solutions to increase the scalability of the network, to develop an innovative COMSA platform focused on supporting ICOs, and to focus on further cooperation with the banking sector. Many Asian and European banks are testing the benefits of the NEM blockchain in terms of using smart contracts and faster and cheaper transactions.

COMSA ecosystem

In addition, this year the project’s founders are about to open a science lab and the NEM Blockchain Innovation coworking center. The objective of the project is to promote the platform and assist in its practical use. It is reported that there are investors who are ready to invest $40 million in this idea. It is difficult to say how this is combined with the recent news about serious financial difficulties and the possible dismissal of employees.

Another project awaiting implementation is its own cryptocurrency exchange.

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NEM Price Prediction 2019

At the turn of 2017-18, in the period of an unprecedented rise in the cryptocurrency market, experts and specialized agencies vividly published forecasts, in which they announced even more intensive growth of XEM in the near future. Many promised the rise to $40-50 and called for investing with the expectation of 20 to 30-fold income. It is clear that any predictions, especially those related to numbers, can be risky.

NEM Price Prediction

But even today, the majority of analysts estimate XEM as still positive. They do not associate the current state of affairs exclusively with the general bearish trend of the market.

Experts also emphasize that the XEM token has the main advantages of two high-tech cryptocurrencies at once: Ethereum and Ripple. The first is related to the use of smart contract technology, and the second is focused on working with the traditional financial sector. Japan, which was the first to legalize cryptocurrencies, recognized XEM as an official means of payment.

At the same time, Japanese commercial structures wishing to use the coin as a financial instrument are required to purchase a license for $300 thousand and have at least $100 thousand in an XEM coin account.

According to various forecasts, by the end of 2019, the rate of XEM may increase several times and reach the level of $0.10 - $0.20. However, much will depend on general industry trends.

NEM Price Prediction 2020 and beyond

NEM logo

In the past, we have already seen the cost of XEM to be near $2, after which a slow decline in value began, but it was caused by a general market correction. Achievement of the price of $1.92 was caused by the fourth Elliot Wave. From the fifth wave and the upcoming general news background in the cryptocurrency market, we expect an increase in value to 4-6 dollars by the end of 2019.

Re-testing of the $1.92 level can happen much earlier, and there are all the prerequisites that this will happen in the first half of 2020. According to some forecasts, the cost of the cryptocurrency can rise to 20-30 dollars in a couple of years.

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Is it worth buying NEM now?

In general, investment in XEM, given the current rate around the lower boundary, seems quite attractive. However, experienced players warn newbies about the need to “put eggs in different baskets”. The NEM blockchain updates planned for 2019, in addition to increasing the speed and throughput, are fraught with potential failures, bugs, and hacker attacks. When making a decision to invest, you need to take all this into account.

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