Home Finance Stellar (XLM) Cryptocurrency in 2018 Returns with Good Development Potential

Stellar (XLM) Cryptocurrency in 2018 Returns with Good Development Potential

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For those interested in various cryptocurrency and how it performs, you should check out Stellar. It is a platform that will allow users to enable digital asset transfers. Stellar has been created by a non-profit organization and in the last 12 months it has seen a growth of 900%. It currently trades to about 0.45 USD.

Here are some of the predictions for Stellar in 2018. Will Stellar be able to make a positive return this year or not? Let’s see.

Stellar 2018 Predictions: Moderate Returns, But Great for Small Transactions

Some predictions place Stellar at about $0.7 at the end of 2018. By the end of 2021, Stellar will reach $1.

There is some great news too: the development team announced that over 30 banks will use their network, so the token will be more valuable.

As for the protocol, it is similar to Ripple, the only difference being the target market. Where Ripple focuses on the big end of the market – corporations and institutions, Stellar targets small transactions – a good choice for individuals.

With more banks using Stellar, the token will get boosted and the demand for cryptocurrency will increase.

Investing in Stellar: A Good or a Bad Idea?

Looking to invest in stellar? If you would invest now, you would get a return of 55% – 60%, and by the end of 2018, it will be a good return. But still, you have to consider that Stellar is volatile and it’s not among the blue-chip cryptocurrency.

Nonetheless, if you are looking to have a diversity in your cryptocurrency portfolio, you could invest in Stellar, as it has good development potential, but moderate returns. You will, however, have to keep a close eye on the execution strategy of the company and keep in mind that the cryptocurrency is highly volatile.