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Can Stellar Lumens Reach $1?

TheMotleyFool

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Stellar Lumens (CRYPTO: XLM) climbed about 100% last year. But since, like many cryptocurrencies, this player has struggled to move higher. Year to date, Stellar is down about 24% and trading at about 20 cents. Still, Stellar remains a decent-sized player compared to the thousands of cryptocurrencies out there. It is No. 31 when it comes to market value.

Of course, Stellar may climb from today's level. But the big question is does it have what it takes to make it to and past the key level of $1? Let's take a closer look at this crypto player for some clues.

Image source: Getty Images.

Source Fool.com

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