Today, we will be taking into account the historical prices, developments, and market opinions regarding Stellar Lumens, so that we can project an XLM price prediction for December 2019.
The Stellar concept was created in 2014 by Jed McCaleb, a former Ripple Labs employee and Mt. Gox co-founder.
The blockchain platform is based on an open-source, decentralized protocol that facilitates the exchange between digital currency and fiat currency through the XLM coin.
In 2017, Stellar announced its partnership with IBM and KlickEx to launch cross-border transactions for the South Pacific region. Over the years, Stellar has managed to survive and still be relevant today on the crypto market, currently occupying 11th position according to a market cap of $1,058,546,737.
Stellar Lumens (XLM) Price Prediction: Analysis
At the beginning of November, XLM appeared that it was regaining some of its value, soaring up to $0.08, but then gradually declined to $0.0059 towards the end of November.
XLM opened December with a trading…