Will Stellar Lumens (XLM) reach $20, $50 and $100?
| Metric | Value | Trend |
|---|---|---|
| Current Price | $0.284 | Steady |
| Trading Volume | $1.9 B | Steady |
Stellar Price Performance So Far| Last 7 Days | +18.4% |
| Last 1 Month | +0.1% |
| Last 12 Months | +149.2% |
| Quality Of Investment | Good |
Stellar XLM has lost around 70% of its value since its previous all-time high. The asset has a total supply of 50B, but only 30.73B XLM are in circulation. The market cap of XLM is below $10B, but considering its past performance, XLM has the potential to reach $10B in market cap. In terms of holders, there are over 13.5K XLM holders, while the top 100 holders account for around 57% of the supply.
Are you buying or selling Stellar XLM Crypto? Choose from below
- Jan 29th: –14%
- March 13th: +17%
- April 25th: +33%
About Stellar and XLM
Stellar is a payment protocol that facilitates cross-border transactions between different currencies through its decentralized ledger technology. It was launched in 2014. The Stellar Consensus Protocol (SCP) is an open-source method that allows for accurate financial transactions without requiring approval from each miner in the network. With the Stellar Consensus Protocol, network participants can reach consensus via voting, and nodes rely on SCP to maintain the common distributed ledger, verify, and add transactions to it.
Lumens (XLM) is the foundation currency for trading various popular digital assets, as well as fiat currencies, on the Stellar Decentralized Exchange.
- XLM serves as a bridge currency for cross-border payments, paying transaction fees, and creating digital assets within the Stellar network.
- XLM acts as an intermediary between any newly created digital asset and any other digital asset on the Stellar network, using the decentralized exchange function built into the Stellar blockchain.
- Stellar’s network enables users to transfer funds quickly and at a low cost, providing services to people and companies that the present financial system fails to serve adequately.
Can Steller Lumens Reach $20?
To reach $20, XLM will need to rise 70x.
At $20, the target market cap will be approximately $618.01 billion.
If XLM were to rise at the pace of 25%, it will take approximately 20 years to reach $20.
Let us evaluate this data
- Quality of Investment– Good
- Growth required to reach $20– Not Feasible
- Market Cap at $20– Not Feasible
Considering the Quality of Investment, growth required and time required, XLM has no chance of reaching $20.
Can Stellar Lumens (XLM) reach $50?
To reach $50, XLM will need to rise 176x.
At $50, the target market cap will be approximately $1.55 trillion.
If XLM were to rise at the pace of 25%, it will take approximately 24 years to reach $50.
Let us evaluate this data
- Quality of Investment– Good
- Growth required to reach $50– Not Feasible
- Market Cap at $50– Not Feasible
Considering the Quality of Investment, growth required, and time required, XLM has no chance to reach $50.
Can Stellar Lumens (XLM) reach $100?
To reach $100, XLM will need to rise 352x.
At $100, the target market cap will be approximately $3.09 trillion.
If XLM were to rise at the pace of 25%, it will take approximately 27 years to reach $100.
Let us evaluate this data
- Quality of Investment– Good
- Growth required to reach $100– Not Feasible
- Market Cap at $100– Not Feasible
Considering the Quality of Investment, growth required, and time required, XLM has no chance to reach $100.
Compare whether XLM was a better or worse investment option than other Cryptocurrencies.
Can XLM reach $50, $100, or $1000? Conclusion
XLM is overall a useful token because it has its application in various transactions. It can be used just like a currency. However, considering the Quality of Investment, growth required, and time required, XLM has moderate chances to reach $1 and very less chances to reach $20. And XLM has no chance of reaching $50, $100, and $1000.
Note: Please consult a registered investment advisor to guide your financial decisions
