Stellar Market Capitalization Achieves $2.84 Billion (XLM)

Stellar (XLM) traded 0.4% lower against the dollar during the one day period ending at 0:00 AM E.T. on September 23rd. Over the last week, Stellar has traded up 1% against the dollar. One Stellar coin can currently be purchased for about $0.0961 or 0.00000152 BTC on major cryptocurrency exchanges. Stellar has a total market cap of $2.84 billion and $42.59 million worth of Stellar was traded on exchanges in the last 24 hours.

Here is how similar cryptocurrencies have performed over the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 14.8% higher against the dollar and now trades at $0.0477 or 0.00000075 BTC.

Stellar Profile

Stellar (XLM) uses the hashing algorithm. It was first traded on July 31st, 2014. Stellar’s total supply is 50,001,786,939 coins and its circulating supply is 29,595,285,182 coins. Stellar’s official message board is stellarcommunity.org. The Reddit community for Stellar is https://reddit.com/r/stellar and the currency’s Github account can be viewed here. The official website for Stellar is www.stellar.org. Stellar’s official Twitter account is @stellarorg and its Facebook page is accessible here.

According to CryptoCompare, “Stellar is an open-source, decentralized blockchain network designed to facilitate the transfer of money and other assets between people and institutions. It was created by Jed McCaleb and Joyce Kim in 2014 and is overseen by the Stellar Development Foundation (SDF). Stellar can support a wide range of use cases, including remittances, micropayments, mobile money, and mobile banking, and is an attractive option for those looking to transfer funds across borders quickly and efficiently. The network’s native cryptocurrency, the lumen (XLM), serves as a digital asset for denominating network requirements, and is required to meet minimum balance requirements and pay transaction fees. In addition, it can act as a medium of exchange between otherwise illiquid assets, making it easier to move money between users.”

Buying and Selling Stellar

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

XLM/USD price chart by TradingView