Stellar (XLM) is the Only Coins to Hold-With the increasing demand for the open-source financial system in the Stellar market (XLM) it seems to be a natural choice. Blockchain outfits facilitate many digital asset transactions and have attracted the attention of major financial institutions and Bitfinex has recently added weight behind the coin.
Investing in cryptocurrency is not for hoax and checks is a must to understand what you are dealing with. Stellar is not an isolated coin and I have done a background check for you. This will help you understand why coins are worth holding or throwing away.
What makes Stellar Stand Out from the Rest?
Stellar transaction speed (XLM) is among the best in crypto-sphere. Looking back a year ago, the platform has undergone tremendous improvements. It has seen the value of coins skyrocket by more than 2500% and is still growing.
Stellar partnership with the likes of IBM and India's largest bank; ICICI has restored investor confidence and many more are waiting for an opportunity to enter. One advantage of a coin is almost zero transaction costs. Partners are looking for coins that will help them make a profit and give consumers something they like.
Big growth in a short time is one indicator of investors to buy and hold. All the leading partners on the platform portfolio are interested in getting in the long run. Buying and holding means the scarcity of coins will increase and so will its value.
The Team Behind Stellar Success
The success of Stellar (XLM) lies not only in partnership but also funding of the Stripe. It keeps the community excited. But the solid platform performance is associated with the founder, Jed McCaleb whose success story in the world of famous cryptocurrency.
Jed has been able to put together a strong team that is also passionate about the project vision. He has done similar projects including eDonkey, a peer-to-peer music sharing device and he created Mt. Gox, the first Bitcoin exchange which at one point controls 60% BTC before heading to Ripple as co-founder.
The Stellar World Use Case
In today's market, digital or token coins that do not have real-world usage cases are tantamount to dying. Consumers are looking for systems that solve their everyday problems. Stellar complements the traditional banking system by giving users quick access to their funds.
This is a decentralized system that has a global reach regardless of how far the user is located. With traditional banks, global appeal has not been possible with large banking outlets located in urban centers. With XLM, you just need a virtual wallet and a smartphone and you're good at sending and receiving funds.
More importantly, Stellar (XLM) takes a leadership position when it comes to asset transactions. With the increasing use of XLM and high demand, the value of coins will continue to increase and this is ready to move the coin from the current rating of seven to top 5 by market capitalization.
Stellar Market History (XLM)
The last 24 hours have seen red XLM trading after losing 2.62% to UD + SD and 1.29% to BTC. However, the last 7 days have seen coins making some profit against the skydiving market. Bitcoin seems to be a determinant of direction in the market and as prices move south, the ripple effect is felt by other Altcoin and XLM is no exception.
With this simple fact, you now have a reason to add XLM in your investment portfolio. Buy and Hodling coins are very mature and if you are a speculator, this is a definite bet, with the market ready to attack the recovery route, boarding the platform before taking off is a good decision.