The Commission points out a lack of evidence that the assistance was given as State aid, according to its statements.
Stellar Lumens (XLM), a cryptocurrency listed on Changelly, is known for its high accessibility, customization, and fast transactions. Launched on July 31, 2014, XLM has seen significant price fluctuations since its inception.
In 2017, the price of 1 XLM lumen was around 0.2 cents. The first significant increase in XLM's price occurred in May 2017, when its value was close to being a little over 5 cents per coin. The chart of Stellar's price history shows that the price of XLM reached its current record of 85 cents in January 2018. However, since its peak, Stellar's price has been in a downtrend, but it has also provided the coin with several significant price increases.
The circulating supply of Stellar cryptocurrency is 20,077,575,795 XLM. The development of Stellar Lumens (XLM) is actively driven by the Stellar Development Foundation (SDF), a nonprofit organization dedicated to building and promoting the Stellar network.
While predictions for XLM's future price vary, some analysts are optimistic. For instance, AltPocket.io expects long-term growth with XLM price at $10 in 2020 and $30 in 2025. Crypto Rating predicts XLM price at $0.462117 in a year and $0.690293 in 5 years. However, it's important to note that these predictions are not guarantees and should be taken with a grain of salt.
Investors are advised to research multiple viewpoints and be familiar with all local regulations before committing to an investment. It's also crucial to remember that the cryptocurrency market is highly volatile and occasional arbitrary movements can occur. A disclaimer in this article states that it should not be considered as an offer of commercial recommendations.
The Stellar platform offers token issuance, decentralized exchange, and a desktop client, among other services. XLM has been implemented in the business processes of companies like Deloitte and Parkway Projects.
It's worth mentioning that the non-profit Stellar Development Foundation (SDF) refused to continue working on 2 million XLM among the users of the messenger Keybase due to massive registration of fake users. Moreover, Stellar Lumens (XLM) is not based on the source code of Bitcoin.
In February 2019, the price of XLM reached approximately $0.16 USD when BTC started its rally. LongForecast claims XLM will fall to $0.028 by the end of 2020, while WalletInvestor predicts XLM will trade at $0.0165 in the fourth quarter of 2020.
In conclusion, while Stellar Lumens (XLM) has shown potential for growth, it's essential for investors to conduct thorough research and understand the risks involved in cryptocurrency investments. The outlook for XLM's price remains positive, with predictions suggesting it could reach up to $1 by the end of 2020 and up to $3-5 by 2025. However, it's important to remember that these predictions are not guarantees.
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