Stellar Trading Down 14.9% Over Last Week (XLM)

Stellar (XLM) traded down 0.1% against the dollar during the 24 hour period ending at 8:00 AM E.T. on November 5th. Stellar has a total market capitalization of $8.68 billion and approximately $379.99 million worth of Stellar was traded on exchanges in the last 24 hours. In the last week, Stellar has traded 14.9% lower against the dollar. One Stellar coin can currently be purchased for about $0.28 or 0.00000268 BTC on exchanges.

Here’s how other cryptocurrencies have performed in the last 24 hours:

• 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 down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded down 1.7% against the dollar and now trades at $102,002.73 or 0.99447963 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 1.8% against the dollar and now trades at $101,766.85 or 0.99730202 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

About Stellar

XLM uses the hashing algorithm. It launched on July 30th, 2014. Stellar’s total supply is 50,001,786,885 coins and its circulating supply is 31,531,408,660 coins. Stellar’s official Twitter account is @stellarorg and its Facebook page is accessible here. The Reddit community for Stellar is https://reddit.com/r/stellar and the currency’s Github account can be viewed here. The official message board for Stellar is stellarcommunity.org. Stellar’s official website is www.stellar.org.

According to CryptoCompare, “Stellar is a decentralized platform that aims to connect banks, payments systems, and people. Integrate to move money quickly, reliably, and at almost no cost. Supported by a nonprofit, Stellar's goal is to bring the world together by increasing interoperability between diverse financial systems and currencies.Stellar is a technology that enables money to move directly between people, companies and financial institutions as easily as email. This means more access for individuals, lower costs for banks and more revenue for businesses.Stellar Lumens is not mineable and does not use proof of work (PoW). Instead, Stellar uses SCP, the stellar consensus protocol. Blockchain data provided by: Blockchair (Block Number), Stellar.org Dashboard (Total Supply)”

Stellar Coin Trading

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

XLM/USD price chart by TradingView