Cryptocurrency Q&A
Could Stellar hit $100?
Could Stellar hit $100?
BonsaiVitality
Thu Sep 12 2024
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6 answers
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Could Stellar really reach the milestone of $100 per coin? It's an intriguing question that many investors and enthusiasts alike are pondering. With its focus on cross-border transactions, remittances, and microfinance, Stellar has gained significant traction in recent years. However, the road to $100 is not without its challenges. Market sentiment, competition from other cryptocurrencies, and regulatory hurdles are just a few of the factors that could potentially impact Stellar's future price. So, while it's impossible to predict the future with certainty, it's certainly an interesting possibility to consider.
6 answers
SumoPride
Sat Sep 14 2024
The potential for XLM to reach a significant level of market capitalization, namely $243 billion, appears to be a daunting task.
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Martina
Sat Sep 14 2024
This valuation would surpass the market cap of Ethereum, which itself reached such heights in January 2021, a remarkable feat for any cryptocurrency.
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Tommaso
Sat Sep 14 2024
However, it's important to note that Stellar, the cryptocurrency in question, is not among the top 20 in terms of market capitalization.
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noah_stokes_photographer
Fri Sep 13 2024
Currently, Stellar's market cap stands at a mere $8.2 billion, a far cry from the $243 billion milestone.
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Margherita
Fri Sep 13 2024
Moreover, Stellar's total supply of 24.3 billion coins adds another layer of complexity to the equation, as it implies a significant amount of tokens are already in circulation.
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