The Currency Analytics
By Maheen Hernandez
Stellar Lumens Projects
Will XLM Pump Again ?
In just over 48 hours, the price of the Stellar descended from trading at $0.0582 down to $0.0560. At the time of writing, the price has been trending at $0.
Though the price of XLM does not show a monstrous uphill, the number of projects built on the network is growing. The value factor is increasing.
Stellar Lumens continues to grow; however, the value is not accruing to the XLM token. Several projects and businesses are continuing to build on the top of Stellar.
Anchor USD is the stable currency that has been anchored 1-for-1 to the USD. BitGo is a multisig and custodial wallet provider for XLM.
Blockchain.com is the crypto wallet and XLM airdrop distribution channel. Blockdaemon is a Stellar node-as-a-service.
IBM World Wire is an enterprise-level cross-border payment powered by Stellar Network and Hyperledger.
Papaya an anchor of a range of cryptocurrencies like ETH, BTC, ZRX, and BAT. SatoshiPay facilitates to make nano payments for web content, which has been built on Stellar.
The XLM/USD is showing a falling wedge, which indicates a likely aggressive breakout. The price is expected to rally up towards $0.
The number of projects lining up on Stellar is proof that they are living on their promise of "Money could move like email. Stellar is an open network for storing and moving money.