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Stellar Lumens forecast & amp; analysis

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This article is part of our series “Why EOS, Stellar, IOTA, Waltonchain, Binance, Litecoin, NEO & Monero will survive the Altcoin Apocalypse”. Every day at this point a new analysis to one of the o.g. Cryptocurrencies published.

The Stellar protocol is well-suited to make cross-border payments fast and efficient. Stellar can also be used to issue tokens via initial coin offers (ICOs) and operate decentralized crypto exchanges (DEXs) and distributed apps (dApps).

Stellar will outlive the bear market, as it has a long history , a very marketable product and use cases in the real world.

Stellar was founded in 2014, in the middle of a two-year bear market. Since that time, the XLM token has advanced to sixth place on the list of the largest cryptocurrencies. Since Stellar has already survived a bear market, there is strong evidence that it will survive this bear market.

Here are some real-world examples of use:

– International bank payments through the Stellar Universal Payment Network

– Money transfer in competition with Western Union, Moneygram and other

– Possibility to help people who have no or only insufficient bank account, such as Africa or Asia

– Foundation for crypto exchanges, stablecoins and initial coin offerings (ICOs)

Strong environment for Stellar Lumens

Stellar also enjoys a strong environment surrounding the project shields from failure.

The Stellar community is also impressive, minimizing the project's risk of entering a bear market. In addition to the great team and users, Stellar also has IBM as a strong partner at his side. Together they both work on the Universal Payment Network. At the same time, there are already customers with good names, such as Deloitte.

Stellar is also increasingly becoming a true alternative to Ethereum when it comes to implementing Initial Coin Offerings (ICOs). Stellar is more attractive to developers because it can handle more transactions per second. Also, it does not need a GAS to run programs.

There are other positive signs as well. For example, crypto exchanges use Stellar as the underlying technology and Stablecoins are released on Stellar. Last but not least, there are plans to integrate the Lightning Network by the end of 2018.

Finally, the big crypto-exchange Coinbase has announced that Stellar XLM is one of five crypto-currencies that are being reviewed for listing. A listing would probably bring much new liquidity and at the same time strengthen the public's trust in the cryptocurrency.

Buy Stellar Lumens here

Sources: Invest in Blockchain, Pixabay

Author: Peter Joost – Source Post: https://www.kryptovergleich.org/stellar-lumens-prognose-analyse/

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