In the crypto-space you see so much money being pour into the market. Some maybe from your average Joe , that wants to see how this all works, or these Millionaires “whales” that pour millions into the market. But one coin that is slowly getting steam and being recognized is…

Stellar (XLM)🚀

I'm going to list some of the reasons why stellar is a great addition to your portfolio or a great first investment. Not just because of its slick rocket ship logo but actual reason

Undervalued

At the writing of this article stellar is worth $0.519487. Which is significantly cheaper to its closest counterpart Ripple(XRP) , which is worth $1.63. Ripple is about 3x more expensive than Stellar. You would get “more bang for you buck “ , as we say it in Texas , with Stellar.

Decentralization

Decentralization the most impact difference between Stellar and Ripple. For those who don't know what decentralization is

Decentralization is the process of distributing or dispersing functions, powers, people or things away from a central location or authority. -Wikipedia

Decentralization has been one of the strong points ,or principle , for cryptocurrency. Many cryptocurrency follow this principle but some such as Ripple decide that using a central authority is better for their use cases, which depend from coin to coin.

Transaction

The reason for cryptocurrency is for it to be used anywhere possible. For that to be possible it needs to be quick and charge low transaction fees. Stellar checks off on both. Currently Stellar charges 100 stroops (0.00001 XLM), a tiny fraction of a penny. The speed of The Stellar Network takes from 2 to 5 seconds, which is a major step up from bitcoin’s several hours confirmations.

Promising Partnerships

Nowadays we see new cryptocurrency pop-up every day , many which eventually fail or disappear. But one way to differentiate between a good and bad coin is with the partnerships it has. A Partnership that made waves in the community was Stellar’s partnership with IBM.

Stellar has a list of company partnerships , literally. All these Company are supporting its cause and implementing its amazing technology.

Liquidity

A big aspect in cryptocurrency is being able to exchange virtual coin into Fiat. Liquidity is important when you need to take out your investment. Currently to liquidate your funds you need to exchange your Stellar for Bitcoin, Ethereum ,or Litecoin , which comes with additional fees , and is time consuming. A future player in cryptocurrency to fiat is FairX , wants to make liquidity straightforward . FairX is “implementing heavily into Stellar”

Publicity

If you have a great products their is gonna be some news ,or publicity , about it. Stellar is ,slowly but steadily, gaining the attention of mainstream markets , with article from CNBC and also Forbes

Conclusion

Stellar truly does have a bright future ahead of it. Stellar is a working proven product ready for mass adoption. With near instant transaction and extremely low transaction fees, growing publicity. Its no better time than now to place your bets on Stellar 🚀