Stellar Crypto
| XLM Crypto | USD 0.1 0.0001 0.10% |
Performance3 of 100
| Risk Of DevaluationLess than 28
|
Stellar is trading at 0.0959 as of the 19th of September 2024, a 0.1% down since the beginning of the trading day. Stellar has about a 28 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Cryptocurrency ratings for Stellar are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of September 2023 and ending today, the 19th of September 2024. Click here to learn more.
Stellar is peer-to-peer digital currency powered by the Blockchain technology. More on Stellar
Stellar is a digital token from an online market maker for peer-to-peer digital currency indicated as Cryptocurrency. Stellar has been active in the last 3 months, and it is presently trading with a bearish sentiment. Cryptocurrencies such as Stellar are digital assets that allow for secure payments and are represented by ledger entries internal to the system, generally referred to as a blockchain. Blockchain implementations use encryption algorithms and cryptographic techniques that safeguard entries in the ledger. Cryptocurrency assets such as Stellar are becoming very popular among investors and have been praised for their portability, inflation resistance, and transparency. However, they face a lot of criticism, including lack of tax regulations, exchange rate volatility, and infrastructure vulnerabilities.
Stellar Crypto Coin Highlights
Most cryptocurrency investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend or investor sentiment. Stellar's investment highlights are automatically generated signals that are significant enough to complement your investing judgment regarding Stellar or challenge it. These highlights can help you better understand the crypto position you are entering and avoid costly mistakes.
| Thematic Idea | USD Crypto Fund (View all Themes) |
| Business Concentration | USD Crypto Fund, Technology, Cryptocurrency, Blockchain (View all Sectors) |
Stellar is one of many evolving digital currencies in which encryption is used to regulate the generation of units of currency and verify the transactions independently of a central authority. It is traded on 25 exchanges in multiple currencies. 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. | |
| Coin Type | Stellar |
| Proof Type | SCP |
| Industry | Financial and Insurance Activities |
| FINMA | Payment |
| FCA | Exchange |
| Access | Permissioned |
| Collateralized Asset | No |
| Symbol | XLM |
| Rating | B- |
| Name | XLM |
| Sponsored | false |
| Asset Whitepaper Url | View |
| Is Trading | true |
| Algorithm Type | sha-256 |
| Asset Launch Date | 2014-07-31 |
| Full Name | Stellar (XLM) |
| Asset Website Url | https://www.stellar.org/ |
| Block Number | 53.47 Million |
| Platform Type | blockchain |
| Coin Name | Stellar |
| Total Coins Mined | 50 Billion |
Stellar (XLM) is traded on CRYPTO Exchanges. Stellar is peer-to-peer digital currency powered by the Blockchain technology. The coin currently falls under 'Micro-Cap' category with a current market capitalization of 48.24 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Stellar's market, we take the total number of its shares issued and multiply it by Stellar's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.
Stellar's Exchanges and Markets
HitBTC CoinJar Bitfinex Bitstamp Luno Unocoin Coinbase Kraken NDAX Lykke BitMart Binance Korbit DigiFinex Exmo Kuna Coinone Bitkub Bithumb BTCMarkets Bitso CoinEx LBank BigONE bitFlyerStellar Risk Profiles
| Mean Deviation | 2.14 | |||
| Semi Deviation | 2.73 | |||
| Standard Deviation | 3.45 | |||
| Variance | 11.93 |
Stellar Technical Analysis
When it comes to investing in cryptocurrency, such as Stellar, the assumption holds that everything in the market that could affect the price of crypto is already reflected. Therefore, the price of Stellar, which is currently traded at 0.0959, shows everything you need to know about Stellar market value. You don't have to consider the fundamental factors that affect a crypto asset, such as Stellar, to determine its price movements. However, the Stellar's price action will always exhibit trends, even in random market movements, regardless of the timeframe you use - so Stellar's future price movement is more likely to follow an established trend and the cryptocurrency technical analysis is one of the ways to project Stellar's future price trendTransformation |
The output start index for this execution was zero with a total number of output elements of sixty-one. Stellar Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Stellar price patterns.
Stellar Against Markets
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Our tools can tell you how much better you can do entering a position in Stellar without increasing your portfolio risk or giving up the expected return. As an individual cryptocurrency investor, you need to find a reliable way to track the performance of all your tokens in a consistent way. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall cryptocurrency portfolio.Did you try this?
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| All Next | Launch Module |
How to invest in Stellar
You need to understand the risk of getting into digital currencies such as XLM before investing. The dangers of trading cryptocurrencies are mainly related to their volatility. They are high-risk, speculative, susceptible to errors and hacking, mostly unregulated, and can be affected by forks or other discontinuation events. As an investor, you must understand these perils before you start trading. You can get a long position in Stellar in four ways:Buy XLM through an exchange
Get yourself a crypto wallet before embarking on your Stellar journey. Crypto wallets exist as desktop applications, mobile apps, or websites, allowing you to secure your tokens or digital coins. Your crypto wallet stores the private keys to your tokens on the blockchain. Once you have a wallet, visit a reputable exchange and sign up for an account. You will need to complete the KYC process to be allowed to purchase Stellar. But before you can buy the tokens, you have to provide a photo of your ID and proof of address, as well as a selfie. The platform will also require you to secure your account with 2FA before you can fund your account and buy the digital coins.Purchase fractions of Stellar through an exchange
You don't have to buy a full token when starting out since XLM is divisible by several decimal places. This allows you to purchase tiny fractions worth cents, but because of network fees, most platforms have a minimum figure, such as $10. You can then build your portfolio with time as you gain more confidence and learn the ropes of crypto trading.Trade Stellar through a broker
If you don't want to store your Stellar Crypto Coin yourself for one reason or another, you can still trade through a broker. Brokers hold your tokens and trade frequently to generate profits. In addition, many brokerage platforms offer derivative products, such as contracts for difference, that enable you to speculate on price movements. Such products also allow brokers to accommodate leverage trading, potentially multiplying your profits.Invest in XLM through an exchange-traded fund (ETF)
You can also invest in XLM through an exchange-traded fund (ETF). This instrument helps track an asset or select assets. You can buy and sell them on stock exchanges, making them the best option for an average investor. Some ETFs may comprise several coins to spread risk across a portfolio. Such ETFs are created and controlled by picking a basket with several coins, while favoring those that have performed well in the recent past.Investing Ideas
In addition to having Stellar in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Thematic Opportunities
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Additional Information and Resources on Investing in Stellar Crypto Coin
When determining whether Stellar offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Stellar's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Stellar Crypto.Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Stellar. Also, note that the market value of any cryptocurrency could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Transaction History module to view history of all your transactions and understand their impact on performance.