Stellar (XLM) Market Capitalization Tops $7.90 Billion

Stellar (XLM) traded down 4.4% against the U.S. dollar during the 1 day period ending at 11:00 AM Eastern on March 10th. One Stellar coin can currently be purchased for approximately $0.26 or 0.00000322 BTC on exchanges. During the last week, Stellar has traded 20% lower against the U.S. dollar. Stellar has a total market capitalization of $7.90 billion and $356.56 million worth of Stellar was traded on exchanges in the last day.

Here’s how other cryptocurrencies have performed during the last day:

• Taiko (TAIKO) traded 4.2% lower against the dollar and now trades at $0.74 or 0.00000924 BTC.
• 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 5.3% against the dollar and now trades at $80,190.13 or 1.00288588 BTC.
• SolvBTC (SOLVBTC) traded down 4.4% against the dollar and now trades at $79,838.37 or 0.99848662 BTC.

Stellar Profile

Stellar uses the hashing algorithm. It launched on July 31st, 2014. Stellar’s total supply is 50,001,786,894 coins and its circulating supply is 30,714,490,232 coins. The Reddit community for Stellar is https://reddit.com/r/stellar and the currency’s Github account can be viewed here. Stellar’s official Twitter account is @stellarorg and its Facebook page is accessible here. The official website for Stellar is www.stellar.org. The official message board for Stellar is stellarcommunity.org.

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 US dollars. Investors seeking to acquire Stellar should first buy Bitcoin or Ethereum using an exchange that deals in US 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