Park: Stellar Lumens (XLM)

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Stellar Lumens (XLM / USD)
Stellar is an open-source money exchange protocol. It was founded in early 2014 as a branch of Ripple because Jed McCaleb, the co-founder, has a philosophical distinction with the other Ripple councils. While Ripple focuses on providing solutions for banks, Stellar aims to help facilitate payments between individuals.

It is currently the seventh largest crypto in circulation, with a market share of nearly $ 5 billion. The price traded at $ 0.27300 at time of writing, retreating from a record high of $ 0.91990 hit on Jan. 3. This crypto generated a profit of about 14,400% by 2017.

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Specifically, Stellar and IBM (NYSE: IBM) created a partnership to increase the speed of global payments in October 2017. The latter also agreed to use Stellar's network in developing a cross border payment system with a large number of banks. Deloitte consulting firm is also their partner.

On the technology side, Stellar deals last for 2 to 5 seconds, costing just as little as a penny, faster and cheaper than Bitcoin, and allowing users to quickly swap government-backed currencies such as converting US dollars into euros .

The online payment company Stripe said in late January they would add support for Stellar in the future, while stopping Bitcoin's use because of slower transaction rates and higher fees. In addition, Stellar has all the potential to become the next big ICO platform.

David Gobaud, co-founder and CEO of Mobius Network, announced last month that his company raised $ 39 million through an initial coin offering held on Stellar's network. The token sale was very successful, reaching large capitalization after two hours, call Gobaud. While many ICOs have taken place on Ethereum, he has chosen Stellar because of the challenges of Ethereum.

The development of Stellar's positive news continues in 2018, making it a viable investment at the current level