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Topic: Over-sold and underrated Stellar Lumens to da moon! (Read 105 times)

member
Activity: 126
Merit: 10
DOGE:DDvXm3ZkXSFeZF9YVaTWGNyBZzfwVf8nnh
Highest price is $0.55-$0.6. I think XLM price will increase If Bitcoin keep going to moon.

I think your assessment sounds reasonable.
I was thinking $0.6 would be the support point.. where it should be, after recovering from its current over-sold value.
It needs to get past $0.5 first though.


Ripple has already reached $1.15-1.3 where I think is its support level.
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Activity: 69
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Highest price is $0.55-$0.6. I think XLM price will increase If Bitcoin keep going to moon.
member
Activity: 126
Merit: 10
DOGE:DDvXm3ZkXSFeZF9YVaTWGNyBZzfwVf8nnh
From 0.3 USD when I injected a lot into it, and just shot up to 0.39 USD after a long period of stagnancy!!!

This is one of the more underrated coins IMO.

Here was a post that I had previously made.

Quote
Reasons I am progressively converting my altcoins to Stellar (XLM) as Stellar price keeps falling.
1 ) A non-profit organization, and a decentralizing network.
2 ) Partnership with IBM
3 ) Targets the people and small businesses (especially in developing countries)rather than big mega banks and for-profit corporations.
4 ) Stellar is working towards functioning as a decentralized bank itself -- enticing users to keep their funds as XLM (rather than using it, like with XRP, simply to facilitate  the quick transaction before it is converted back into Fiat again).
5 ) Stellar is also working towards operating as a decentralized exchange of other cryptos.
6 ) Unlike the xRapid (XRP) token (where Ripple also offers xCurrent, and is/will be introducing other modes of transactions); the Lumens (XLM) token *actually* has to be adopted to utilize the Stellar network.
7 ) IMO, the XLM token has been way oversold by now; due to the lack of "hype" and as impatient short-term speculators progressively decides to cash out.
8 ) The released coins are distributed to the banks/companies that uses the XRP network; whereas, XLM instead distributes the fees collected from transactions (to prevent DDoS attacks) to the holders of XLM itself.
9 ) Unknown to many people, the XLM is *actually* also being increasingly adopted. But not big news as they are growing their presence in developing/third-world countries, and servicing the small business and the people there (especially foreign workers trying to send money home, etc.)

Stellar Lumens [XLM] might have hit bottom, their new wallet update to turn markets green?
https://bitcoinwarrior.net/2018/03/stellar-lumens-xlm-might-have-hit-bottom-their-new-wallet-update-to-turn-markets-green/

I actually still hold some XRP though (injected just 2 days ago for pure speculation) and its shooting up too! But the rally seem to have stopped (?) while Stellar just shot up further again.
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