Looking out over the crypto markets, many people will see buying opportunities after the most recent sell-off. Just throwing money at random coins or tokens, however, isn’t a very good strategy. Even at these low prices, taking the time to find the gems will help to maximize your returns once the markets start to recover. Many experts, including me, believe that one of the best opportunities right now is Stellar Lumens (XLM).
Stellar Lumens had a great run in late 2017, gaining 14,500% at one point, and really was one of the top growing options out there, but it also fell massively over the past several months.
Despite the big drops, XLM still has a very strong technology behind it, boasting a very fast proprietary blockchain that can settle almost all transactions within 2-5 seconds. This is on top of its ability to handle smart contract protocols, which are really going to be an essential component of any successful blockchain in the future.
Perhaps most important, however, is that Stellar Lumens has been making some very impressive partnerships that are still in place, and will help to propel the blockchain forward. First, they have a collaboration agreement in place with IBM that was announced back in October of 2017.
They also work with ICICI Bank, which is a huge financial institution in India. The partnership here is great for showing that the XLM blockchain will work well for financial transactions. In addition, since India is very under banked, it will likely be able to bring banking services to millions of new people, once properly implemented.
Finally, they are working with Deloitte to resolve issues that they have been having with traditional digital banking. They have been working together since 2016 on a number of projects. Deloitte is one of the first major corporations to begin adopting blockchain technologies, so the fact that they are working with XLM is certainly a good sign.
All of these partnerships, the proven technologies, and the name recognition help to make the potential of this coin really stand out. As of this writing, it is trading at around $.26, and there is a lot of room to grow from here.
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