I know a lot of XLM holders are a little despondent at the moment but I really can’t see why there is any need for this sentiment.
If you are analytical for a moment and remove any emotional bias then look at the fundamentals of both the crypto space in general and the Ripple/Stellar relationship in particular it is obvious that the future price trends are hugely uptrend!
Let me explain briefly:
Firstly, over the course of the last month the total market capitalization for all crypto coins grew from approximately $60 Billion to just over $90 Billion... and then came the correction back down to the late 60’s followed by the current doom and gloom. As of right now the market cap has rallied and sitting at $85 Billion. All market expectations indicate there is an insatiable appetite for the new crypto gold and alt coin prices are expected to mushroom, especially for coins that have real use cases.
Secondly, XLM prices at the moment are very, very closely tied to the fate of Ripple's XRP. If you compare the graphs of both these coins together it’s blatantly obvious that they are very closely linked at the hips. Just because of the spectacular adoption of Ripple within the banking and FI space over recent months, and the imminent go-live of major exchanges such as SBI in Japan and the huge number of banks ready to go full production with Ripple solutions, the price of XRP is about to explode exponentially. Hence, just by the mere fact of being closely linked to XRP, XLM will shoot through the roof during the next couple of months, if not within the next couple of weeks.
So, what do I think about the future price prediction for XLM? I only have two words… EXPONENTIAL RISE!
