Stellar (XLM) Market Capitalization Tops $8.26 Billion

Stellar (XLM) traded 0.8% lower against the US dollar during the twenty-four hour period ending at 12:00 PM Eastern on June 2nd. Over the last seven days, Stellar has traded 7.3% lower against the US dollar. Stellar has a total market cap of $8.26 billion and approximately $133.09 million worth of Stellar was traded on exchanges in the last day. One Stellar coin can now be purchased for approximately $0.27 or 0.00000254 BTC on cryptocurrency exchanges.

Here’s how similar cryptocurrencies have performed over the last day:

• 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.
• Central African Republic Meme (CAR) traded 4% higher against the dollar and now trades at $0.0544 or 0.00000052 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded up 0.1% against the dollar and now trades at $104,383.82 or 1.00004505 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 0.4% against the dollar and now trades at $104,161.80 or 0.99791800 BTC.

Stellar Profile

XLM uses the hashing algorithm. Its genesis date was July 31st, 2014. Stellar’s total supply is 50,001,786,893 coins and its circulating supply is 31,146,214,228 coins. The official website for Stellar is www.stellar.org. Stellar’s official Twitter account is @stellarorg and its Facebook page is accessible here. 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.

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)”

Buying and Selling Stellar

It is usually not possible to purchase alternative cryptocurrencies such as Stellar directly using U.S. dollars. Investors seeking to trade Stellar should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or GDAX. 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