XLM is quite an old cryptocurrency with a strong community behind it. The coin is very similar to Ripple's XRP. What differentiates XLM from XRP is decentralization. The latter is heavily-centralized, while XLM is decentralized.
Stellar Lumens team did many airdrops in the past and their airdrop distributions make XLM more decentralized. XRP is centralized owned by Ripple company and it is a big risk for XRP investors. In 2022 bear market, we saw how a centralized altcoin project like Terra could be killed by its founder Do Kwon.Quote
There's not much to it, considering that there are other competing chains delivering real use cases to the world. Developers aren't that interested in building dApps with XLM, unlike ETH or any other alternative blockchain network. Market prices are rather stagnant, especially when demand for XLM is quite poor these days. The IBM partnership made a few years ago, didn't have a positive long-term effect over XLM's price.
Stellar looks really good if we check its chart. Not many altcoins can successfully reclaim their all time highs with a new bull run. Stellar did it in the last bull market by rising to almost $0.7 which is its 2018 all time high.Now its price is cheap about $0.1 and is it good to consider accumulating Stellar around this price just within next 12 months?
Cryptocurrency market will be very bullish after a Bitcoin halving next year.
Any advice?
