The post XLM Price Prediction June 2024: How High Will XLM Go? appeared on BitcoinEthereumNews.com.

As Bitcoin is displaying steady pattern, the whole market is somewhat steady. This positive trend is helping many altcoins recover quickly. However, while Stellar (XLM) is showing signs of a bullish reversal, it’s still having a hard time gaining the momentum needed for a breakout rally. Let’s take a look at this XLM price prediction June 2024.  How has the XLM Price Moved Recently? XLM/USD Daily Chart- TradingView Today, Stellar (XLM) is priced at $0.098265, with a 24-hour trading volume of $49.07 million and a market cap of $2.85 billion, giving it a market dominance of 0.12%. Over the past 24 hours, XLM’s price has risen by 1.07%. Stellar hit its all-time high of $0.930121 on January 4, 2018. Its lowest price ever was $0.001227 on November 18, 2014. Since the all-time high, the lowest price it reached was $0.02766 (cycle low), and the highest price since then was $0.796465 (cycle high). Currently, the sentiment for Stellar price prediction is bearish, while the Fear & Greed Index stands at 71 (Greed). Stellar has a circulating supply of 28.98 billion XLM, out of a maximum supply of 50 billion XLM. The yearly supply inflation rate is 7.76%, meaning 2.09 billion XLM were created in the last year. Is Stellar (XLM) Price poised for a substantial surge? Stellar (XLM) is revolutionizing cross-border transactions and remittances, making global money transfers more accessible. Its growth is boosted by strategic partnerships with major players like the Ukrainian government for creating a digital asset ecosystem, VISA for accelerating payments in Africa, and collaborations with MoneyGram and Techstars. Recently, XLM’s price has rallied due to Ripple’s partial victory in its SEC lawsuit, sparking renewed interest. This momentum could drive Stellar’s price further. How High Will XLM Go? Predicting how high Stellar (XLM) might go involves analyzing its…

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Filed under: News - @ June 16, 2024 6:16 am