In this video, I share my thoughts and views on why the cryptocurrency XLM also known as stellar lumens can reach $6 per unit. XLM is a cryptocurrency that is a strong player in the crypto and blockchain-based remittances industry.
Since Ripple and XRP made headlines when they were involved with the SEC, in my opinion, ripple and xrp have lost a certain amount of credibility form existing and potential users.
I think that there is a gap in the market for crypto to pick up the lost demand and become the number one player in remittances and I think that stellar lumens ( XLM ) could displace ripple and xrp as number one thus gaining substantial value.
The potential 6 dollar valuation is derived by analysing the historical price movement of XRP and extrapolating what I believe to be a fair value for XLM if they can displace XRP and in a booming crypto market.
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Please remember that I am not a financial advisor and that this video is not financial advice.
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