ANALYSIS Stellar (XLM) price prediction: $19.51?
Stellar’s competitive advantages
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- Leadership. There are just a handful of names in crypto that are as well-known as Stellar co-founder’s Jed McCaleb. McCaleb created the bitcoin exchange Mt. Gox (which was sold to Mark Karpelès and re-coded long before its infamous collapse). In 2011, McCaleb founded Ripple. He left in 2013 and, one year later, launched Ripple competitor Stellar. Stellar’s board reads like a who’s who of Silicon Valley. A few of the names? AngelList founder Naval Ravikant, WordPress.com founder Matt Mullenweg, Stripe CEO Patrick Collison, Apache Software Foundation Director Greg Stein, and Y Combinator President Sam Altman.
- Partnerships. Stellar recently announced a partnership with IBM to move fiat and digital currencies across borders throughout the South Pacific. The move “will reportedly process up to 60 percent of all cross-border payments in the South Pacific’s retail foreign exchange corridors by early (2018),” Fortune reports.
- Mission. One reason McCaleb broke off with Ripple was to shift digital currency’s focus from the developed world (where modern financial tools are prevalent) to less developed parts of the world where the impact will be exponentially greater. “SDF’s vision is an open and affordable financial system where people of all income levels can access simple-to-use, secure, and low cost financial services,” the organization writes.
I recon stellar will be making a good few people a nice tidy profit🤞🏻🤞🏻🤞🏻🤞🏻🤞🏻
yes big profit