Stellar Analysis

Stellar Analysis

Brief Description

Stellar enables low-cost interbank transfers across countries in less than 5 seconds. The Stellar Development Foundation is also working to enable access to the financial world for the unbanked. Many people see Stellar as a direct competitor with XRP.

Crypto Category – Remittance, Micro payments, Platform, Payments

Mining or Staking Consensus – Neither, Stellar’s network has a fixed inflation rate of 1% per year and the XLM tokens are distributed to specific addresses the community votes on. Users can vote on XLM pools that distribute these earnings to the voters.

Can you earn interest on Stellar?Yes, check out the Crypto Interest Strategy to learn more.

Stellar Price Chart

Technical Analysis – Should You Buy Stellar Today?

Resources For Due Diligence

Message Boards

Social Sites

Blockchain Explorers

Stellar Trading Ideas

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Remember to always do your own Crypto Due Diligence before investing.  If you have any questions, be sure to leave a comment below.

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