Altcoin Update, Stellar (XLM), Monero (XMR), and IOTA (MIOTA)

After a rough week last week, and a Sunday total of crimson, many coins are back ter the green today, including Stellar (XLM), Monero (XMR), and IOTA (MIOTA).

Stellar (XLM)

Spil the eighth largest cryptocurrency with a market cap of $6.7 billion, Stellar has lost some headway te the last few weeks. However, despite this, the crypto still hasn’t declined to the levels it wasgoed at ter December of last year when the market cap wasgoed almost half that and the coin wasgoed ter the $0.20 range.

Presently, Stellar is selling for $0.364963, which puts the coin up Five.26% ter the past 24 hours.

Stellar has taken several larger hops te the past 24 hours, albeit most of the coin’s movements have bot minuscule. It looks to be trending downwards at the ogenblik but at the uur it is still unclear whether Stellar will fall below its price point from a day ago.

For the past week, Stellar has bot declining, but those committed to Stellar shouldn’t scare just yet. Stellar is backed by a superb team, packed with experts on the distribution and security of blockchain. The Stellar Overeenstemming Protocol is largely focused on making XLM compatible with use ter the real world and provides Stellar with stability and security. Stellar is about development and many believe that this coin will proceed to develop.

Monero (XMR)

Monero has had its share of scandal. Due to Monero’s heightened sense of anonymity, XMR is often used spil payment on the dark web. Monero miners have also bot linked many times to computers being hacked for the purpose of mining the cryptocurrency.

Regardless of the general opinion of Monero (everything has its backers and its haters), XMR is presently up 6.24% te the past 24 hours. The coin is selling for $293.54 at the time of writing.

The reason behind Monero’s growth may be linked to the fact that it is genuinely anonymous, while many other cryptos on the market actually aren’t.

The backers of Monero predict that XMR is set to grow to $650 by the end of 2018 and to $Two,000 te the next five years. What do you think about this? Do you agree with thesis predictions?

IOTA (MIOTA)

IOTA is presently selling for $1.85, putting the coin up Two.60% te the past 24 hours.

Last week, IOTA lost ranking, being shoved down to the 12th largest cryptocurrency by market cap and wasgoed outranked by Monero for a time.

Now, IOTA has regained its ranking spil the 10th largest cryptocurrency, with a market cap of $Five.Two billion.

IOTA is predicted to rise to $11 by the end of 2018 and to $38 after five years. Do you agree?

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