IBM is using blockchain technology to transform entire industries. One of them is the food industry. In the past, the food industry has been hit with challenges in the management of quality along the supply chain. Cases of contaminated food hospitalizing, and even killing people is not new.
IBM is using blockchain technology to create transparency in every step of the supply chain. Through the IBM Food Trust, supermarkets and other food companies can keep track of the food that reaches the consumer using blockchain technology. So far, a number of major corporations have signed up to the IBM Food Trust, and they include Wall-mart and Carrefour. The latest one to join is Albertsons, one of the world’s largest supermarkets. While this is a big deal for the food industry, it is also a big reason for Stellar (XLM) investors to be delighted. That’s because, it has a direct implication on the value of this crypto in the long run.
“IMAGINE: A banana grown in Costa Rica, tracked on hashtag#IBMFoodTrust from the farm, tracked through processing, grading and packaging. Then a handover as it is shipping using hashtag#TradeLens to cut the paperwork required between so many parties involved and easing the shipping process. When the banana arrives in Australia the payments is sent via hashtag#WorldWire, giving a faster payment with full visibility. Both of these link back to hashtag#IBMFoodTrust so the retailer has full visibility of the process and the consumer knows exactly what they are buying. Faster, Lower Costs, Increased Efficiency.”
This post goes to show that as more companies join the IBM Food and the world moves more towards crypto based settlements, the IBM Food Trust and the IBM Blockchain World Wire could in the long run drive billions of dollars’ worth of transactions through Stellar (XLM). For investors, this is a huge validation that Stellar (XLM) has a massive chance to grow in value going into the future. As the transaction volumes increase, the value of Stellar (XLM) will grow as well. That’s because, stability will incentivize more organizations to settle in XLM on the World Wire, pushing up Stellar (XLM) demand and by extension, its value.
On this basis, Stellar (XLM) is easily one of the most undervalued cryptos in the market. Though it is trading way below its all-time highs, its growing real world adoption places it in a unique position to gain in value way beyond its 2017 highs. Its growth will also be boosted by growth in the entire market, which is happening at an exponential growth. Evidence to this is the entry of institutional money into crypto through platforms like Bakkt.
The Stellar loses the level of 0.09990 dollars after falling 2%
nvesting.com – Stellar lost today the level of $ 0.09990, trading at 0.09990 at 00:07 (22:07 GMT) on the Investing.com Index, which represents a daily fall of 1.56 %. It is the highest percentage depreciation in a day since last April 25. This downward movement reduces the capitalization of Stellar to $ 1,98637B, or 1.12% with respect to the total market capitalization of all cryptocurrencies. The maximum level reached by the Stellar was at $ 12,12,000B. During the previous 24 hours, the Stellar has been moving in a range of between $ 0.09988 and $ 0.10507. In the last week, the Stellar loses 10.92%. The negotiated volume of the Stellar in the 24 hours prior to its current quotation was $ 234.16487M, or 0.52% of the total volume for the set of cryptocurrencies. It moved during the past week in a range between $ 0.0994 and $ 0.1167. In its current price, the Stellar shows a difference of 89.14% with respect to the annual maximums that marked $ 0.92 on January 3, 2018. Evolution of other cryptocurrencies of interest The Bitcoin has marked its latest movement today in the $ 5,193.9 on the Investing.com Index, which represents a fall of 3.99%. The Ethereum, for its part, is trading at $ 153.28 on the Investing.com Index, which represents a loss of 6.45%. At present, the market capitalization of Bitcoin is at $ 96.15532B, or 54.35% of the total capitalization of all cryptocurrencies, while that of Ethereum is at $ 17,13631B, or 9 , 69% with respect to the rest of the market value of the sector.
The Bullish Rise in Stellar Lumens (XLM) Price May Continue After A Bottom Out
XLM, the thicker symbol representing a crypto known as Stellar Lumens, also stands for one of the top trading cryptocurrencies with some of the fastest transaction execution times. Like other cryptocurrencies, it is a payment platform that can execute secure, fast and low-cost payments. These advantages and benefits made it popular in the crypto market. It landed on the top 5 cryptocurrencies by the end of the year as its popularity begins to increase as it offers many advantages to financial investors, banks, organizations.
XLM allows them to have leverage by dealing with micropayments, reduce the cost of remittance and transactions. Launched in 2014, it has come a long way as it had gained not only new developments but also partnerships that help in its success. It has now grown into a competitive asset due to its various advantages. Many market enthusiasts are now anticipating the XLM price prediction 2019 as to know what it holds.
Stellar Lumens (XLM) Price Prediction
The year 2019 holds a great promise for XLM as the bull market has finally come. Stellar will have a partnership with TransferTo, therefore, boosting international money transfers. It will continue to have success as its price will be around $0.505 in February to March. It will then increase $0.611 by the second quarter. By the end of the year, its price will have reached $0.664. Partnering with big tech giants such as IBM and Deloitte, it will surely be on the top of the market in 2019.
Stellar Lumens (XML) Future Forecast
It will have a $4 base case until the year 2020. It is also said that in about 5 years, stellar will be one of the top performing cryptocurrencies due as its growth increases. Some say that it will be able to have more growth percentage than bitcoin due to IBM’s partnership. These predictions will be expected if stellar is adopted by the global masses, therefore, increasing its value.
Stellar (XLM) Price Primed For Bullish Breakout If Golden Cross Is Triggered According To XLM Price Analysis
Stellar Lumens news today is about a Stellar Lumens price analysis that anticipated a bullish breakout for Stellar if the golden cross on the price chart is fruitioned. The Stellar price prediction has been bullish since the beginning of the year but the Stellar community became particularly interested in the golden cross right after the Stellar Coinbase listing. The Coinbase Stellar airdrop also contributed to the positive sentiment in the market. The price of Stellar has done well for the past few months but it is nothing compared to what is to come according to the latest Stellar Lumens price analysis.
Stellar Lumens News Today – Stellar Lumens Price Analysis – XLM Spike From Stellar Airdrop Was Just The Beginning
According to a Stellar price analysis on Cryptodaily, the price of Stellar will soon trigger a golden cross that is going to pave a way for higher highs mid-term. The technicals reveal that the price of Stellar is rallying towards the 200 day EMA. You’ll recall that it was only when the price of Bitcoin, the flagship cryptocurrency, broke the 200 day EMA that it was able to move above the $5000 level and has been bullish since then. So, the same thing is going to happen to Stellar as long as it crosses the 200 day EMA.
Stellar (XLM) Price Today – XLM / USD
While this is going to happen, there is no guarantee that it would happen anytime soon. However, as long as the price of Stellar continues to consolidate and positive Stellar Lumens news like the Stellar airdrop and other efforts by the Stellar development foundation continue, the chances of crossing this level will keep increasing. Crossing above the 200 day EMA is going to drive Stellar to the spot light. The price of the Stellar Lumens token will rise significantly against the USD.
At the time of writing, Stellar Lumens was trading at $0.116860. This means that it is up by 0.59% against the USD and down by 1.03% against the price of BTC. The trading volume over a 24 hour period is $250,085,476 and the market capitalization is $2,262,822,395. The Stellar to Bitcoin trading pair still gives enough room for an upward rally.
Stellar Lumens News Today – Fundamentals That Support The Stellar Lumens Price Prediction 2019
There are many factors that will support the price of Stellar long-term. One of them is the Stellar Coinbase listing. Coinbase is the most popular cryptocurrency exchange in the United States and it is only known to list tokens that have potential. Getting listed on Coinbase also promotes exposure for a token. The Coinbase Stellar airdrop is also another factor that will promote the adoption of the Stellar XLM token.
About a month ago, IBM announced that it would be using the Stellar blockchain for a new project with its partner banks. This was major Stellar Lumens news and it is going to support a long-term rise in the price of the token. Everyone expected that IBM would use Ripple for the project but it decided to use Stellar instead. This is in line with the recent research that showed that institutional investors prefer the Stellar blockchain to the Ripple blockchain.
What do you think about the Stellar Lumens news today? Will the price of Stellar increase significantly after it crosses the 200 day EMA? Kindly share your thoughts in the comment section.