Stellar Lumens Issuance Price

Stellar Lumens (XLM) was launched in 2014 at $0.002 to facilitate cross-border payments. Its issuance took place through a one-time token sale, raising $39,000,000. Prices have been volatile since the release, and are currently relatively stable at around $0.07, after experiencing an all-time high of $0.93 and a bear market low of $0.04. The issuance price is affected by factors such as cryptocurrency market sentiment, demand for cross-border payment solutions, Stellar usage and adoption, and market confidence.

Stellar Lumens Issuance Price

Founded in 2014 by Jed McCaleb and Joyce Kim, Stellar Lumens (XLM) is a cryptocurrency designed for cross-border payments. Its issuance price is $0.002.

Issuance details:

• Issuance time: July 2014
• Initial issuance volume: 105,120,000,000 XLM
• Issue price: $0.002

Issuance process:

Stellar Lumens are issued through one-time token sales. The token sale took place between July 17 and 21, 2014 and raised $39,000,000. The participant purchased XLM for $0.002.

Price changes after issuance:

After the initial release, Stellar’s ​​price witnessed significant fluctuations. It reached an all-time high of $0.93 in December 2017, but later fell to $0.04 during the 2018 cryptocurrency bear market.

Since then, the price of Stellar Lumens has been relatively stable, currently trading around $0.07. It remains one of the top 20 cryptocurrencies by market capitalization.

Factors affecting the issuance price:

Factors that affect the issuance price of Stellar Lumens include:

• General sentiment in the cryptocurrency market at the time
• Demand for cross-border payment solutions
• Use cases and adoption of Stellar
• Market sentiment towards Jed McCaleb and Stellar Development Foundation’s confidence

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