Stellar Lumens investors are entering the new year with healthy portfolios and a positive outlook. The asset rose nearly 50% overnight between Tuesday and Wednesday, raising the price per Lumens to $0.83 at press time. Like Ripple, Stellar Lumens is a remittance platform focusing on cross-border payments.
My analysis. Stellar is expected to fall, then I can buy at that point.
Currently, Stellar Lumens is partnered with Deloitte and IBM, and IBM is using Stellar’s platform to set up cross-border payments with international banks.