Stellar (XLM) Falls Today: What Should You Know?

No one can deny the fact that cryptocurrency had an impact on the whole world, and every day more and more newcomers are entering the world of cryptocurrency. Stellar (XLM) is now sinking, however, a week ago it was at its peak and was valued at $0.366196. Now, XLM is in the #23 place among the other coins with a market capitalization of $7,915,582,253.

Stellar (XLM) is a decentralized peer-to-peer network that is often seen as the main competitor to XRP, even though these systems offer different solutions to the same problem (payments). The main difference between XRP and XLM is that XRP addresses different banks when XLM is a form of payment designed from scratch for the community. The main goal of the XLM is to boost financial inclusion and the coin was based on the Ripple Labs protocol.

Michael Rowels

Weekend Contributor.Writing for business and finance publishers has become his passion over the last decades after he completed a master's degree in Financial Management. Sharing some opinions and forecasts to thousands of readers is a routine job for him but he never promises to invest in one stock.