Lumens, the primary asset of the stellar network is a unit of the digital coin. Stellar price denotes the rates and values associated with its cryptocurrency. Lumens support the movement of money globally and conduct transactions securely and quickly.
Stellar cryptocurrency specifics
Lumens act as an anti-spam to prevent users from flooding the stellar network.
XLM expedites trade between pairs of currencies and serves as a bridge.
Lumen supply is ascertained by set protocol rules with yearly inflation of 1%.
The stellar organization plans to distribute the initial 100 billion lumens in four parts: 50% to individuals, 25% to its partners, 20% to BTC and XRP holders, and last 5% for itself. The price of lumen varies and fluctuates concerning different factors such as its market, mining, trading, and more.
The stellar price section will cover updates about XLM, its prices, market cap, and further.