{"id":424092,"date":"2023-07-28T13:15:53","date_gmt":"2023-07-28T13:15:53","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=424092"},"modified":"2023-07-28T13:15:53","modified_gmt":"2023-07-28T13:15:53","slug":"stellar-price-prediction-steady-xlm-ascent-consider-evil-pepe-coin-for-a-unique-investment","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/stellar-price-prediction-steady-xlm-ascent-consider-evil-pepe-coin-for-a-unique-investment","title":{"rendered":"Stellar Price Prediction: Steady XLM Ascent, Consider EVIL PEPE Coin for a Unique Investment"},"content":{"rendered":"

Over the past week, the Stellar price has seen a modest 3% increase. Despite this slight uptick, the market remains volatile, prompting investors to explore alternative investment opportunities like Evil Pepe Coin.<\/p>\n

While the steady uptrend shows some promise, the unpredictability of the market calls for cautious consideration of other potential assets.<\/p>\n

Stellar Price Prediction: Steady XLM Ascent<\/h2>\n

Stellar (XLM) has shown a 3% growth over the past week, but in the last 24 hours, it has experienced a 1.5% decline.<\/p>\n

The market capitalization has slightly decreased by 2%, while the trading volume has sharply dropped by 11%, according to CoinMarketCap<\/a> data.<\/p>\n

Despite these recent fluctuations, it’s important to note that Stellar achieved an impressive 105% surge on July 13.<\/p>\n

The token’s current trading price hovers around $0.15, indicating a steady increase overall.<\/p>\n

\"Stellar<\/p>\n

Stellar – Offering an Open Network of Mone<\/h2>\n

Stellar<\/a>, an open-source network, facilitates payments and asset issuance, enabling seamless creation, transmission, and trading of digital representations of various currencies, including USD and Bitcoin.<\/p>\n

With its goal of achieving interoperability between diverse financial systems through a unified network, Stellar emerges as a platform that bridges the gap between traditional and digital assets.\"Stellar\"<\/p>\n

Launched in 2014, the Stellar network has gained significant traction, witnessing over 3 billion operations and hosting 7.4 million accounts. Its decentralized system for trading various assets has garnered positive feedback from the cryptocurrency community.<\/p>\n

During its first major bull run in 2018, well ahead of the Bitcoin halving, Stellar’s native token XLM experienced triple-digit growth, setting it apart as a promising asset capable of independent growth.<\/p>\n

In the 2021 bull cycle, XLM soared by 1000%, reaching its all-time high of $0.71 and capturing the attention of crypto enthusiasts.<\/p>\n

Despite the market’s downturn in 2022, Stellar continued making strides, forming partnerships with banks and executing various developments, keeping investors intrigued by its potential.<\/p>\n

Stellar Price Largely Bullish YTD<\/h2>\n

Stellar (XLM) began 2023 at $0.07, but bullish momentum propelled the token with consecutive green candles in the price charts.<\/p>\n

Despite two significant retraces on March 7 and June 15, Stellar surged by 178%, reaching a peak of $0.19 before undergoing a correction.<\/p>\n

Now, the token is retesting and potentially surpassing that previous high, indicating a renewed uptrend.<\/p>\n

\"Stellar<\/p>\n

Stellar’s positive sentiment is reflected in its current trading position, hovering near the overbought zone, supported by a positive MACD signal.<\/p>\n

The cryptocurrency’s recent partnership with MoneyGram, a platform facilitating seamless conversion between digital assets and cash, holds the potential to enhance the value and appeal of XLM.<\/p>\n

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We're excited to share @ChangeraApp<\/a> users can now cash-in across Canada, Senegal, Uganda, and Kenya and cash-out of their USDC balance at all supported @MoneyGram<\/a> locations!<\/p>\n

Another real-world use case for @Circle<\/a>’s USDC on #Stellar<\/a>! https:\/\/t.co\/0JKNhdJMx3<\/a><\/p>\n

— Stellar (@StellarOrg) July 24, 2023<\/a><\/p><\/blockquote>\n