According to reports, LAPO Blockchain will be integrating with the Stellar Blockchain. The team behind LAPO revealed that after carrying out intensive research, and training, as well as learning, they have decided to integrate Stellar into LAPO’s Blockchain platform. Per the report, it is clear that the first step of LAPO’s integration with Stellar will consist of setting up a representation of the LAPO token into the Stellar Blockchain. But why did LAPO choose Stellar to integrate with?
Stellar (XLM) Price Today – XLM / USD
Why Did LAPO Choose the Stellar Network?
According to the press release by Lapo Blockchain, LAPO and Stellar share a singular objective and are both working toward achieving a common goal which is global financial inclusion for both networks.
The CEO of Stellar said:
“We can not do it alone. A network by its nature requires a greater number of participants to create the necessary links and connections required to complete the job.”
The company representative of both platforms confirmed that the two entities envision a future where funds or money will be universally accessible and even instantly exchangeable with no hassle. Stellar remains one of the most important Blockchain platforms that has successfully emerged as a go-to platform for the tackling of various problems within the financial processing sector.
The new protocol is intended to assist with remittances, particularly in developing economies. It will achieve this goal by providing a worldwide network that will have the capacity to host thousands of exchanges between tokens and currencies per second. It is no secret that Stellar offers the least amount when it comes to transactions fees. Stellar also offers the fastest transaction time. It is simple to use and effective for smart contracts. Hence, this is why it will only make it the best option for LAPO achieve its goal.
What Does the Stellar Integration Mean for LAX Holders?
Off course there will be a number of benefits for LAX users due to the integration with Stellar. Firstly, the Stellar integration will give LAX holders the option to convert their LAXs tokens into Stellar LAXs. This means that LAX holders will have the ability to transfer their native tokens from LAPO’s Blockchain to Stellar’s Blockchain.
Both entities have announced that, in the coming days, they will be releasing a step-by-step process or guide that explains how to convert your LAXs to Stellar LAXs easily. The merger has also played down any reports of panic or growing concerns among the LAX holders. They said the LAPO Blockchain is very much alive and active. So users can continue stacking or running their masternodes as they’ve been doing.
When Can LAPO Users Start to Trade Their Coins?
According to the report, LAX holders will be able to trade sooner than anticipated. Having your token on the Stellar network will allow you (that is LAX holders) to trade it immediately. They will be able to do this by using the platform’s distributed exchange functionality. In order for users to take full advantage of the functionality on Stellar, it is recommended that they start using stellarport.io.
“We have entered the final phase and we are hoping to complete the swapping mechanism which will give our users the option to swap their LAX tokens as from either mid or late July 2019”.
Stellar Price Analysis: Stellar (XLM) Price Indicates Escalation; Price Hovers Around $0.068
- Stellar embarks bullish trend.
- Traders should gear up for price rally.
Stellar (XLM) price was seen suffering in the price chart at the beginning of the month. The traders were surprised to see a sudden fall in the price of the coin. The downtrend in the coin continued for quite a long time.
The market started improving from the past couple of days. The same has given a boost to the coin. Today, there are many coins in the market that are falling. However, it seems like Stellar has finally paved its way to the top.
Current Statistics of Stellar:
- The coin is currently dealing at $0.068911.
- The ROI stands at 2215.79%.
- The coin is at the 11th position in the crypto market.
- The market cap is noted as $1,353,139,836.
- The circulating supply is at 19,636,141,841 XLM.
- The 24hr volume is marked as $106,936,497.
XLM to USD Price Comparison:
The chart is taken from Trading View on 24th August 2019, at 06:00:49 UTC for price analysis.
The coin opened with an escalation of 1.78% in yesterday’s chart. The price changed from $0.068 to $0.069. Later, the coin fell from $0.069 to $0.068 by 2.20%. Further, the coin again marked an escalation of 2.56% as the price changed from $0.067 to $0.069. The coin closed at $0.069 with an intraday profit of 2.19%. Today, the coin opened with a fall. The price slipped from $0.0698 to $0.0692. Later, the coin recovered the fall.
Stellar Price Prediction and Conclusion:
Stellar (XLM) has reflected a great potential in the past. We are anticipating a similar movement in the price of the coin would soon start. The traders can dig in as the coin holds a high prospect of an upsurge in the coming years.
The coin is likely to close the year around $0.1. In the coming years, the coin would be seen, making a 4% to 5% profit. We would recommend investing for a long term prospect. The coin is speculated to give the best result in the long term.
Stellar Price Analysis: Stellar (XLM) Price Bearish Trend About To End; Indicating Price Recovery On The Chart
- Stellar (XLM) price drop indicates a slight recovery.
- The traders can expect a better result from the intraday price movement.
Stellar (XLM) price was seen at an astounding level in the previous month chart. The current month has been quite a disappointment for the traders. The first week was all about the price drop. The second week reflected a slight improvement, but the third week was again disturbing.
The intraday chart started with a drop, but it is now moving up. Let’s have a closer look at the chart.
Stellar Current Statistics:
The chart is taken from Trading View on 22nd August 2019 at 05:29:29 UTC for price analysis.
Yesterday, the coin opened at $0.068. The coin escalated to $0.0689 and later fell to $0.066 by 3.45%. The drop continued, and price changed from $0.067 to $0.065 by 2.38%. The coin reflected a slight recovery by the closing of the day. The coin closed at $0.067 with an intraday loss of 2.42%. Today, the coin fell from $0.067 to $0.065 by 1.92%. The coin has improved on the chart and is currently dealing at $0.066.
|Market Cap||$1,284,371,707 USD|
|Circulating Supply||19,636,140,289 XLM|
|24hr Volume||$108,654,589 USD|
Stellar Price Prediction and Conclusion:
Stellar Lumens, the parent company of Stellar blockchain is trying all techniques to increase the popularity of the coin. The coin is speculated to climb in some time. But, the traders are recommended to hold their investment. The coin could end the year at $0.1. For now, the short term investment looks better for the coin. The investment could give a better result if the coin crosses $0.080 by the end of the month, but the prediction is astronomical.
Stellar Price Analysis: Stellar (XLM) Moving Upwards Finally! Hope To See Some Returns Very Soon!
Stellar has been organizing many webinars and seminars to grow and improve the credibility of XLM coin. Let’s hope for the same to happen soon.
XLM price is seen trading at $0.0722290 at 01:37 UTC on 20th August 2019. The value seems to move upwards. The other important factors of Stellar are as follows:
- Return on Investment: 2313.20%
- Total supply/Circulating Supply: 105,263,081,265 XLM/ 19,634,311,087 XLM
- 24 Hour Volume: 57,994,581 USD
- Market Cap Value: 1,409,925,159 USD
- 7 Day high/low: 0.075302 USD / 0.066479 USD
XLM to USD Price Comparison:
Well, we can see some surging in the right direction for Stellar after a long time. In the last five days, initially, the XLM price was trading below the baseline. On 15th August at 06:50 UTC, the value was trading at $0.06599, which was increased by 7.65% on the same day at 23:00 UTC trading at $0.07104250. Stellar price from then dropped by 5.86% on 17th August at 20:50 UTC with the trading price of $0.06689324. The price of XLM coin as of now is increased from then by 7.99%.
Stellar Price Prediction:
Currently, Stellar coin trading with bearish nature with some peep ups from the last few days, which means it may draw in new traders to offer on ‘purchase’ and incorporate XLM in their portfolio. The resistance and support levels can be considered as:
Till the flood is acknowledged emphatically on the bulls’ pattern, it is best exhorted not to offer on ‘sell’! In the upcoming months, it appears that the Stellar price may cross its 30-Day high value of $0.091. However, the truth will surface eventually, if that will occur!