Stellar (XLM) is still worth maintaining this year
This is not a good start for Stellar (XLM). Since the beginning of January, the value has begun to fall and slid lower on the market capitalization rating. This big decrease in Stellar value (XLM) raises a question, is Stellar (XLM) still feasible to be maintained in 2019? Then the answer is Yes, Next and the reason.
As a start, the entire market is currently experiencing a decline. Unless you hold a stable coin, there is currently no crypto that can be said to be safe. Even Bitcoin (BTC) which is the main driver of the market is also quite risky.
The best part is that the entire crypto ecosystem grows. Which means that at a certain point, the market conditions will change, and the market will start rising again. In essence, collecting Stellar (XLM) at this low position can be a great opportunity to profit in the long run. Cryptos like Stellar (XLM) can be very profitable for someone who buys at the current price. But maybe some people argue that not all crypto reaches the highest level in 2019, even if the market turns bullish even though. After all, many of the investors have run out of funds, and can just come out.
Over the past year, there have been major developments on the Stellar blockchain. For example, there is an increase in interest in star-based security tokens, and for obvious reasons. This means that the Stellar blockchain can be the dominant platform in the world where the security market can adopt a tokenization model on a large scale. That's not a characteristic of the blockchain that can go out.
Above all, the Stellar blockchain is being used by IBM in changing the payment market across the trillion dollar limit. Even though Stellar (XLM) might get a big blow because of a prolonged bearish market, it will still survive, and make it big when the next Bull Run arrives. It is clear that the Stellar blockchain still exists, and this makes it worth keeping in 2019. 👏👏
Stellar (XLM) has been one of the most competitive long-term tokens for years to date. This coin was originally launched in 2014, which makes it older than Ethereum. For half a decade, the coin was above, functioning as one of the fastest cryptocurrency to date. With such a reputation, it's very clear why investors tend to put their trust in this coin.
However, time passes quickly in cryptographic space, and many things can change rapidly, including trends, reputation, and even position. Therefore, it is not surprising that Stellar investors and fans want to know whether this coin is still a good choice when it comes to buying or HODLing.
Is it time to buy Stellar?
As many people already know, there are several important factors that can serve as an indication to buy a coin. The first factor includes a short-term trend, which can be bullish or bearish. The crypto market experiences it all the time, and they usually occur in an instant, and can change quickly.
In 2018, the bearish trend has formed clear dominance, and crypto has lost much value as a result. Because of this, these coins are now mostly believed to be cheaper, which is why selling them now will not produce much profit. However, the same low value may be suitable for those who want to invest in it.
The second factor worth considering in the Stellar case is its inability to stay away from the trade price of $0.1. Even though it applies to XLM, the situation is just as bad as most of the other coins. Even though this indicates that Stellar has managed to maintain some level of stability, investors will probably still prefer it if the coin succeeds in penetrating and experiencing the right surge.
So far, Stellar cannot make such a move, and the price usually ranges between $0.09 and $0.15. At the time of writing, the XLM value stood at $0.08, and currently holds the 9th position in the biggest cryptos list.
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