Can Mobile Coin Announcement Be The Gate Of XLM Price Rise?

in #altcoin6 years ago

Hallo Steemian ,,, Did you know Lumens Stellar is one of the highest potential cryptoes on the market today. One that many believe can take over Ripple (XRP) as the top crypto in cross border payments. However, what makes everyone excited is the announcement by the Coin Mobile team that they will use the Stellar Consensus protocol to build their network.
The rationale behind this is to achieve high transaction speed and scalability. Just to be clear, Mobile Coin is a privacy cryptocurrency that aims to integrate with mobile messaging platform like WhatsApp. Mobile Coins have some great supporters including Binance Labs, and have raised over $ 30 million in the last round of funding.
image
So why is this good in the use of the Stellar Consensus Protocol? Well, for starters, the fact that this crypto uses SCP means that Stellar will be the bridge for people who turn Mobile Coin into fiat currency and vice versa, once Mobile Coin is adopted. In essence, when Cellular coins are integrated into some of the world's biggest chat platforms like WhatsApp, this will be the jackpot for Stellar Lumens (XLM).
Volume will soar and its intrinsic value will penetrate the roof. Is there any chance of this happening? The answer is a very big YES! The mobile coin is supported by the Binance lab, meaning that it will be listed on Binance, one of the largest crypto exchanges in the world. The attention that will pull through this list will be interesting in chat messaging platform like WhatsApp. Integration to WhatsApp platform will give Mobile coin instant access to more than one billion users, all using Stellar Lumens as a bridge.

On top of that, this announcement validates Stellar as a superior blockchain. The mobile coin team can choose another blockchain, but they choose Stellar! They chose Stellar simply because they believe it offers them the speed and potential scalability to meet the potential for large-scale mobile adoption. That is strong validation for stellar networks, which are guaranteed to encourage more ICOs to use stellar.
As more ICO chose Stellar as a bridge, its volume will continue to grow. Of course, this is also weighted by the fact that IBM, a global technology services company, is running its services on stellar networks. IBM uses stellar to launch digital assets, and cut costs on cross-border transactions.

So what does this mean for you as an investor in Stellar Lumens? Well, we tend to see short-term pumps in the Stellar Lumens (XLM) value after this agreement is confirmed. Then when more partnerships come into effect, we tend to see exponential growth in this crypto value. Stellar is one of the cryptos that can close the year 2018 with a high. It could easily close the year at $ 1 or higher. For a savvy investor, Stellar Lumens is a sleeping giant that can bring huge profits in the future.

Sort:  

I really hope so I invested at a great price and have watched it do pretty much nothing since then. Which is fine. I am in this game for the long Haul. But It would be nice to have my decision validated. Thank you for the update on Stellar.

Coin Marketplace

STEEM 0.16
TRX 0.16
JST 0.030
BTC 59358.13
ETH 2471.72
USDT 1.00
SBD 2.45