Stellar is one of the most undervalued cryptocurrencies

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

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

Stellar is a decentralized platform designed for fast and affordable international money transfers. It operates on a blockchain and uses its native cryptocurrency, XLM.

XLM's market capitalization currently stands at $3 billion, ranking it 26th among digital coins. The circulating supply is 30 billion, with a planned total of 50 billion coins. Currently, 1 XLM is worth approximately $0.10.

Stellar is essentially an alternative to Ripple (XRP), as it performs fairly similar functions but is six times cheaper. Most importantly, both platforms were created by the same 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 undervaluation?

XLM's yearly price high is $0.14, while its all-time high is $0.71:

That is, it is realistic to assume, given 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 price maximum of $0.71.

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

Now is the best time to invest in cryptocurrencies; the market has recently experienced a decline and is just beginning to recover, so you can earn a lot and quickly.

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