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Overview: Stellar (XLM) is a decentralized cryptocurrency that utilizes a hybrid and open-source blockchain network. The Stellar Network’s objective is to create an open global financial network, which everyone has equal access and participation abilities. This seeks to level the playing field between individuals, banks, networks, and more. The cryptocurrency seeks to be a low-cost payment option for the underbanked and people living in poverty. “The nonprofit Stellar.org expands access to low-cost financial services to fight poverty and maximize individual potential.”
Total Supply: 103.55 Billion XLM
Mineable: No
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Disclosure: Spotlight Growth’s Crypto Cheat Sheets are not meant to be an endorsement or recommendation to invest or trade in the respective cryptocurrency mentioned above. They are meant strictly for information and entertainment purposes only. Please consider the risks and extremely speculative nature of cryptocurrencies before investing, which may not be suitable for all individuals. Spotlight Growth has no personal or business connections to any of the cryptocurrencies or their respective companies. However, the owner may have positions within one or more of the crypto coins mentioned for purposes of speculation or investment. For those that are active within crypto space, Spotlight Growth would like to remind you to exercise financial responsibility. PSA: These are very interesting and exciting times, but it is not recommended to take out additional mortgage, loan, liquidate 401K, utilize credit cards, etc. in order to participate within these markets. Please view SEC website for more details to consider: https://www.sec.gov/news/public-statement/statement-clayton-2017-12-11
