XLM Price Prediction 2023-2030: Can Stellar Lumens reach $10000?

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XLM Price Today

Stellar (XLM) Past Performance, June 9th

• Last 5 Days: -4.5%, Underperformer*
• Last 30 Days: -2.7%, Underperformer
• Last 6 Months: +4.9%, Underperformer
• Last 12 Months: -37.8%, Underperformer

*Vs XRP, Leading Cross Border Payments Protocol

XLM Price Prediction: Latest Stellar Lumens XLM News

• Stellar (XLM) is gaining attention as a global consensus on stablecoins is being discussed. Despite some skepticism, long-term supporters believe in the potential of Stellar as a significant player in the finance industry. Stellar’s focus on real-world blockchain solutions and improving the delivery of humanitarian aid has garnered positive attention and engagement.
• Soroban is the native smart contract platform of the Stellar network, currently in preview release. It is being developed by learning from the design and experiences of other platforms like Ethereum to create a more optimized, user-friendly, and secure experience. Some of the improvements include the seamless interaction of Stellar’s native token XLM with smart contracts, event emission for token transfers, prevention of re-entrancy attacks, inclusion of checksums for address security, and simplification of token transfers in a single transaction.

XLM Price Prediction for the Next 6 Hours

XLM Price for the Next few Hours will be in the range of 0.0766 and 0.0879

XLM Price Prediction: Technical Analysis, June 9th

• Moving averages suggest a strong sell trend, with all 13 indicators indicating a sell.
• Technical indicators show a strongly bullish picture, with 8 indicators suggesting a buy and no indicators suggesting a sell.
  • RSI (14) is in the neutral zone at 36.802.
  • STOCH (9,6) indicator indicates a buy signal.
  • STOCHRSI (14) suggests an neutral condition.
  • MACD (12,26) shows a buy signal with a value of -0.00084.
  • ATR (14) indicates less volatility.

The overall analysis of XLM shows a Sell Signal . Check the Crowdwisdom360 momentum indicators for XLM below. This is updated once during the trading session and once at the end of the session.

XLM Price Prediction Today

Latest Video XLM

XLM Price Prediction 2023. Is XLM a Good Investment?

Stellar is a payment protocol that facilitates cross-border transactions between different currencies through its decentralized ledger technology. It was launched in 2014.

The Stellar Consensus Protocol (SCP) is an open-source method that allows for accurate financial transactions without requiring approval from each miner in the network. The network has more than 4.8 million accounts and has processed more than 1.5 billion operations since its launch in 2015. Stellar employs the Federated Byzantine Agreement (FBA) algorithm to process up to 1000 transactions per second. With the Stellar Consensus Protocol, network participants can reach consensus via voting, and nodes rely on SCP to maintain the common distributed ledger, verify, and add transactions to it.

Stellar’s closest competitor is Ripple, but Stellar is more focused on individuals and small businesses. Traditional competitors include PayPal, Western Union, MoneyGram, and TransferWise.

Stellar Lumens Stats

Part 2: Lumens (XLM)

Lumens (XLM) is the foundation currency for trading various popular digital assets, as well as fiat currencies, on the Stellar Decentralized Exchange.

1. XLM serves as a bridge currency for cross-border payments, paying transaction fees, and creating digital assets within the Stellar network.
2. XLM acts as an intermediary between any newly created digital asset and any other digital asset on the Stellar network, using the decentralized exchange function built into the Stellar blockchain.
3. Stellar’s network enables users to transfer funds quickly and at a low cost, providing services to people and companies that the present financial system fails to serve adequately.

How has XLM performed vs XRP?

Market Cap – XLM: $2.55 B, XRP: $23.6B

XRP is much larger than XLM.

Last 5 years – XLM: (-68.6%), XRP: (-46.5%)

Last 1 year – XLM: (-53.9%), XRP: (-44.8%)

XRP has outperformed XLM despite the overhang of an SEC Case. In fact in the Golden year of 2021. XRP outperformed XLM by a huge margin.

Taking all factors into consideration

• XLM is not the best choice of investment in the category
• Token usage in the category is quite limited and doubtful, a challenge even XRP is facing
• Other Tokens with different use cases are a better alternative at the moment.

XLM Price Prediction 2023: Can Steller Lumens Reach $20?

Stellar Lumens need to grow by nearly 217 times from its current price to reach a price level of $20.

Also, XLM’s all-time high price is $0.9 which it achieved in January 2018. It grew by nearly 150 times in eight months (from the lowest value of $0.006 in May 2017). Thus, it grew by almost 18.75 times in one month.

Therefore, XLM needs at least 11.57 months (slightly less than 1 year) to reach $20.

However, depending upon the macro and micro economic conditions of the market, it might take slightly more time to reach that price level.

XLM Price Prediction 2023: Can Stellar Lumens (XLM) reach $1, $50, $100?

XLM’s lowest price was $0.0024 which was in September 2014, meaning that it took nearly 40 months for Stellar Lumens to reach its all-time high price of $0.7. Note that, it was almost 291.66 times growth from its lowest to its all-time high price. Keeping in mind, its current price of $0.08, we can safely say that XLM’s price has declined by more than 8.75 times in nearly 5 years, though it has faced many fluctuations in between.

Considering a growth rate of 291.66 times (which it showed to reach its all-time value) which it completed in 40 months, we can say that it can grow at a rate of 7.29x in one month. However, the price declined later on and reached the lowest value of $0.07 by February 2019. Later, it reached another peak at $0.66 in March 2021 i.e., it took XLM 25 months to grow by 9.42 times from Feb 2019 to Mar 2021.

The time before covid has entirely different macroeconomic and liquidity factors compared to recent times. Therefore, it would be fair to consider XLM’s growth from 2019 to 2021 to predict its future value. Nonetheless, considering its 9.42 times growth in 25 months, we can say that X’M’s price grows by 0.37 times in one month.

XLM’s all-time high price was $0.9381 and since then XLM is down over 90%. In the last year, XLM’s price fell from being close to $0.30 to below $0.10. XLM has been on a downtrend and has hardly shown any sign of recovery.

To reach a level of $1, XLM requires to grow at a rate of 12.5x keeping in mind its current price of $0.08. Therefore, it should theoretically reach a value of $1 in more than 2.81 years (keeping in mind its 0.37 times growth in one month). However, it is not the only factor to consider. It can only reach $1 in the calculated time if the liquidity and macroeconomic factors turned out to be in the favor of the crypto market.

Can Stellar Lumens (XLM) reach $50?

To reach a level of $50, XLM needs to grow at a rate of 625 times. Hence, it should theoretically reach a value of $50 in more than 135 years (keeping in mind its 0.37 times growth in one month). However, it is not the only factor to consider and is not practical either. Note that it can only reach $50 in the calculated time if the liquidity and macroeconomic factors turned out to be in the favor of the crypto market.

Can Stellar Lumens (XLM) reach $100?

There are two perspectives to this analysis

1. Is there a good use case for XLM to rise 1333 times higher? The answer is NO as explained earlier. XLM isn’t a great use case
2. Let us assume it is a good use case, can it reach $2.63 Trillion? Ar a conservative 25% per annum, it would take decades to reach this level. This is impossible

Overall, we don’t see either a use case or a practical growth rate to justify a $100 price. This could also change if there is a massive burn program of some sort. To reach a level of $1, XLM needs to grow at a rate of 1250 times, considering its current price of $0.08. Therefore, it should theoretically reach a value of $100 in more than 281.5 years (keeping in mind its 0.37 times growth in one month). However, it is not the only factor to consider, and is not practical either to wait for 281 years to reach its price of $100. Again, it can only reach $100 in the calculated time if the liquidity and macroeconomic factors turned out to be in the favor of the crypto market.

XLM Price Prediction: Can Stellar Lumens (XLM) reach $1,000?

To reach a level of $1000, XLM needs to grow at a rate of 12,500 times (which is of course too high), considering its current price of $0.08. Hence, it should theoretically reach a value of $1000 in more than 2815.3 years (keeping in mind its 0.37 times growth in one month). This is not practical to wait for this much time to see XLM reaching a price of $1000. Note that it can only reach $10 in the calculated time if the liquidity and macroeconomic factors turned out to be in the favor of the crypto market.

So, can stellar Lumens (XLM) reach $1000? No, it is not practically possible.

Can XLM reach $50, $100, or $1000? Conclusion

XLM is overall a useful token because it has its application in various transactions. It can be used just like a currency. Moreover, XLM has outperformed its competitor after the covid breakout and hence, it leaves a huge scope for its growth in the future. However, considering its all-time high value of $0.7 now, it would only be safe to wait for its price to reach $1 in the coming future, only if the liquidity and macroeconomic factors remain in its favor. Also, analysis suggests that it is not practical for XLM to reach $100, $1000, or $10,000 considering its current situation.

Can Stellar Lumens reach $10,000?

To reach a level of $10,000, XLM needs to grow at a rate of 125,000 times, considering its current price of $0.08. Hence, it should theoretically reach a value of $10 in more than 28,153.1 years (keeping in mind its 0.37 times growth in one month). However, it is not the only factor to consider and is not practical either. Can Stellar Lumens (XLM) reach $10,000? Not. Reaching $10,000 for XLM is indeed not practical keeping in mind XLM’s current growth rate and liquidity factors in current times.

XLM Price Prediction 2023, 2025, and 2030 (Aggregated)

• XLM Price Prediction 2023 is $0.169
• XLM Price Prediction 2025 is $0.319
• XLM Price Prediction 2030 is $1.5

Read Tamadoge Price Prediction 2022, 2025, and 2030 and XYO Price Prediction

XLM Price Prediction: FAQS

Stellar Lumens Price Prediction: How to Buy?

Stellar crypto, Lumen is gaining every day and it is among the Top 10 cryptocurrencies in terms of Market price. Like most cryptos, XLM has similar steps to purchase. Here are the steps for “How To Buy Stellar Coins”:

1. Finding a crypto exchange that has Stellar Lumen Coins listed
2. Create an account with the Exchange
3. Verify your identity
4. Fund the Wallet
5. Make the Purchase
6. Storing the Stellar Lumen in Wallet (Most exchanges have their own built-in wallet but in case an exchange comes without a waller you will have to have a separate wallet to store Lumen)

Where to Buy Stellar Tokens?

Stellar provides a decentralized international payment network, which enables fast transactions with low fees. There are multiple exchanges offering Steller Lumen for trade. Here are some of the well-known exchanges:

1. eToro: eToro is a broker platform founded in 2007 that allows you to trade cryptocurrencies.
2. Binance: Binance is the world’s largest crypto exchange offering multiple cryptocurrencies for trade.
3. BTCBIT.NET: Based in Poland with operational offices in Latvia and Estonia, BTCBIT.NET offers various cryptocurrencies including Bitcoin, Ethereum, Litecoin, Ripple, and Zcash for trade.
4. Kraken: Kraken is a globally operating US-based crypto exchange founded in 2011 and the world’s largest bitcoin exchange in euro volume and liquidity.
5. CEX.IO: It offers both, a cryptocurrency trading platform as well as instant buy services.

~Charu Taneja

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.