Stellar (XLM) One Day Trading Volume Hits $33.74 Million

Stellar (XLM) traded up 0.2% against the US dollar during the 1-day period ending at 21:00 PM Eastern on June 16th. Over the last seven days, Stellar has traded 1.8% lower against the US dollar. Stellar has a total market capitalization of $2.86 billion and $33.74 million worth of Stellar was traded on exchanges in the last day. One Stellar coin can currently be bought for approximately $0.0985 or 0.00000148 BTC on popular cryptocurrency exchanges.

Here is how related cryptocurrencies have performed over the last day:

  • KILT Protocol (KILT) traded 0.8% lower against the dollar and now trades at $0.22 or 0.00000339 BTC.
  • Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
  • CareCoin (CARES) traded down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
  • Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded 1.5% higher against the dollar and now trades at $0.0105 or 0.00000016 BTC.

Stellar Profile

XLM uses the hashing algorithm. It was first traded on July 31st, 2014. Stellar’s total supply is 50,001,786,967 coins and its circulating supply is 29,087,024,891 coins. The official message board for Stellar is stellarcommunity.org. The Reddit community for Stellar is https://reddit.com/r/stellar and the currency’s Github account can be viewed here. The official website for Stellar is www.stellar.org. Stellar’s official Twitter account is @stellarorg and its Facebook page is accessible here.

According to CryptoCompare, “Stellar is an open-source, decentralized blockchain network designed to facilitate the transfer of money and other assets between people and institutions. It was created by Jed McCaleb and Joyce Kim in 2014 and is overseen by the Stellar Development Foundation (SDF). Stellar can support a wide range of use cases, including remittances, micropayments, mobile money, and mobile banking, and is an attractive option for those looking to transfer funds across borders quickly and efficiently. The network’s native cryptocurrency, the lumen (XLM), serves as a digital asset for denominating network requirements, and is required to meet minimum balance requirements and pay transaction fees. In addition, it can act as a medium of exchange between otherwise illiquid assets, making it easier to move money between users.”

Buying and Selling Stellar

It is usually not currently possible to purchase alternative cryptocurrencies such as Stellar directly using US dollars. Investors seeking to trade Stellar should first purchase Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Stellar using one of the exchanges listed above.

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