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Stellar sure is rebounding a lot better than most of the other coins.. we have a long way to go and a lot of resistance ahead (especially at 5000 and 6000 sat range) but hopefully we can push to all time sat highs in the next market cycle.. but so far so good.
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Why Stellar has great potential
Why Stellar has great potential
Note: This is just my opinion so don’t take it as investment advice.
As we all know, Stellar has increased quite a lot lately. I’m going to put a lot of links in this post to back up each point by the way, hopefully it’s not annoying! So let’s take a look to see where we currently stand:
IBM
Stripe got on board with Stellar in the early days which was impressive enough, but the partnerships are still rolling in now. Over the last few months we learned that IBM are getting involved which is a very good vote of confidence for the Stellar team. It’s not every day that a Fortune 500 company gets involved with cryptocurrency.
It’s cheap
This might sound ridiculous, but psychologically people feel strange purchasing 0.001 of something for example. At the moment Stellar is the cheapest coin in the top 20 on Coin Market Cap. With more and more people wanting to get involved with cryptocurrency (including those who want to only put in a small amount) Stellar seems cheap. Sure, there are other “cheap” coins but when you look at the likes of Ripple vs Stellar it’s clear that there’s a lot more value in Stellar.