Can Stellar Lumen (XLM) Reach $1?

With the dust settling on Ripple's (CRYPTO: XRP) SEC saga, many of us are eyeing up the next potential star of the crypto stage. Today, I'm turning the telescope toward the Stellar Lumen (CRYPTO: XLM), a cryptocurrency with roots in the Ripple ecosystem that saw a price surge of 46% on the day of Ripple's courtroom win.

But with its current value hovering just below $0.15 per Lumen, could Stellar ever reach the $1 mark? Let's find out.

First, let's take a quick history lesson. Stellar and Ripple share a lot of digital DNA. They were both co-founded by the same crypto-visionary, Jeb McCaleb, two years apart. They share a genesis but have followed different orbits and pursue different goals today.

Continue reading


Source Fool.com