The Stellar crpto-market is back on track after a brief downfall this month. The market has seen the steady recovery of Stellar XLM while Bitcoin crashing $8000 mark. Furthermore, XRP has recorded a growth of 20% in it’s trading values.
Stellar Lumens(XLM) in year 2019
2019 has been a year of falls and recoveries for Stellar XLM. The lumens suffered major downfall like other altcoins in the beginning of the year. Currently, the coin is at number 9 in market overseas and have over $2 billion for market capitalization.
The Stellar XLM is planning to overtake Litecoin in the coin-marketcap and be on 6th place in score boards. However, it still has a long run to go in order to beat Stellar LTC.
The Bitcoin bull trend is the major contributing factor in rise of Stellar XLM.
The prices are still in development process but are estimated to jump from $0.089to $0.1 a piece. The market analysts have predicted a 5 times higher price for Stellar Lumens in the last months of 2019. The market of Lumens seems to flourish fully by 2025.
The Off-Side Market Trend
In just two days, the market capitalization has risen to a hefty amount of $200 million. However, the prices of XLM are dwelling in uncertainty. The coin is not expected to make high jumps in the following week, thankfully the market constantly remains unpredictable.
Going above $0.1 for XLM is already a significant leap. If market stats are believed, the price will spring up to the mark of $0.1008 in coming days.
The prices are guaranteed to make a steady jump to mark of $0.12 after another BTC bull rush. Finally, the XLM has too joined the market surge.
For more updates, stay tuned to The Geek Herald.