Stellar Lumens remains, in my opinion, the buy that will at least be 50% higher next Sunday!
**** My opinion not financial advice ****
The disclaimer is necessary so you can use your own system to check this altcoin out. Day trading is not it's strong suit it is most definitely a buy and hold!
If you are in the crytocurrency market and your not in lumens (XLM) you might want to put a bit of your investment dollars. I have been watching this coin for a long time.
This coin, if you would have bought early December you would have realized over 500% profit. This with limited news just sitting there riding. However on the 25th of January or this coming Friday there is news coming it may simply be the road map for 2018 but I expect it to be more and so does a lot of investors.
The run up to the cryto market getting legit trading of futures in the United States was an incredible run up along with the rest of the market.
Lumen's after the run had a fairly good floor at $0.61 and then this week happened where everything dropped lumens quickly bounced back and currently has a solid floor at $0.51. I expect that a run up to the news will happen this week and once the news hits if even mentions of their market maker IBM, which in itself has a great back end block chain called hyper ledger. IBM has been in positioned to make a huge noise in the cyrto field. It has numerous banks on board for IBM's block chain technologies they don't have to necessarily back lumens (XLM) but it is of my opinion that if you follow IBM a little you will follow them a lot.
The news coming on January 25th should mention Fairx.io hopefully Fairx founded by CTO of IBM Blockchain Financial Solutions Michael Dowling, promises to be a new way to safely and legally trade cryptocurrency for fiat.
So with IBM being the market maker you can see how news of fairx.io using stellar lumens would be great news for anyone invested in lumens and the stellar network.
The stellar network can quickly and cheaply make transactions for a fraction of a penny. This technology has been touted slowly by a lot of big names and publications.
The current list of Stellar anchors is contiually growing:
Tempo - a remittance provider based in France serving 43 countries
Coins.ph - a mobile finacial provider based in the Phillipines
Parkway projects - based in Nigeria is a leading proivder of banking solutions through out Africa
Naobtc - is a world wide business that helps bitcoin move faster and trade with other coins easier
Ripple Fox - a Chinese business allowing you to send money to any bank or alipay in China
Cellulant - Africa's leading one stop payments and digital currency service company
Flutterwave - Kenyan and Nigerian business specializing in digital payments infrastructure across Africa
ICICI Bank - India's biggest private sector bank by consolidated supports money transfers world wide from India
Splash - Sierra Leon's first mobile payment system
Clicworld - a startup in Uganda, Rawanda and South Africa focusing on digital payments and digital banking
Bloom - The Bloom network provides instant disbursement to 25 Philippine banks and 4 cash pickup providers.
FCMB - FCMB is a wholesale banking group in Nigeria
Sendx - Singapore based SendX, in partnership with Stellar, is the better way to move money worldwide.
Klickex - Pacific regional cross-border payments system delivering financial infrastructure for emerging markets.
Remitr - Remitr is a global platform for cross border payments, licensed in Canada
Fair-eZone - European company that makes sending money abroad as easy