Stellar is one of the most undervalued cryptocurrencies

In the cryptocurrency market, as in any financial market, there are both overvalued and undervalued assets.

nedoocenenna stellar

Therefore, if you approach the valuation wisely, you can easily identify an undervalued asset that will bring a good profit upon purchase. One such asset is the Stellar cryptocurrency (XLM).

Stellar is a decentralized platform designed for fast and cheap international money transfers. It is blockchain-based and uses its own cryptocurrency, XLM.

XLM's capitalization is now $3 billion, according to this indicator the asset is in 26th place among other digital coins. The number of coins in circulation is 30 billion, and a total of 50 billion coins are planned to be put into circulation. At the moment, 1 XLM costs about $0.1.

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In fact, Stellar is an alternative to Ripple (XRP) as it performs quite similar functions to it, but costs 6 times less. And most importantly, both platforms were created by one person, Jed McCaleb.

At the same time, the number of Stellar coins is three times less than Ripple, isn’t this the best confirmation of its lack of value?

The annual maximum price of XLM is at around 0.14, and the global maximum for the entire existence of the coin is $0.71:

nedoocenenna stellar

That is, it is realistic to assume, taking into account the prevailing upward trend in the cryptocurrency market, that Stellar could rise in price by at least 40% to $0.14, and possibly repeat the global maximum price of $0.71.

Liquidity is confirmed by the fairly good turnover for the secondary cryptocurrency, which amounts to 73 million US dollars per day.

This moment is the best time to invest in cryptocurrencies; the market has recently experienced a decline and has just begun to recover its positions, so you can earn a lot and quickly.

We open transactions to buy Stellar with the lowest commissions from cryptocurrency exchange brokers

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