XLM Price Prediction – Will XLM or TAMA be the first to pump to $1.00 before 2022?
Stellar Lumens has been in the market since 2015, but its value has remained below $1. Will newer coins like TAMA beat it by hitting $1 before the end of 2022?
Everyone can create coins and give them whatever name they deem fit. However, for the coin to succeed, it has to have a use case and appeal to the cryptocurrency community and investors. Stellar Lumen (XLM) has been one of the cryptocurrencies in the market since 2015, making it one of the oldest Altcoins.
Despite being an old player in the market, Stellar Lumen has shown slow progressive growth over the years, turning investors’ attention to newer Altcoins like TAMA and IMPT. This post will provide a technical price forecast of Stellar lumen (XLM) and its chances of hitting $1 as against TAMA before the end of Q4 2022.
XLM price predictions
Stellar Lumen (XLM) is a peer-to-peer network created in 2015 and managed by the Stellar foundation to connect the world's financial system with blockchain technology.
The Stellar Lumens ecosystem is maintained by the Stellar Development Foundation and aims to bridge the gap between cryptocurrencies and fiat currencies. Stellar Lumens does this by tokenizing fiat currencies into its core layer to allow a seamless and borderless exchange of fiat currencies at a transaction fee that is less than a cent.
Unlike other cryptocurrencies that use either POW or POF, XLM uses its in-house consensus system known as the Byzantine consensus system, where the Stella Foundation selects a list of validators to validate transactions on the ecosystem.
The table below will look at the price forecast for this cryptocurrency-based data from reputable forecast sites such as CoinMarketCap, Changelly, etc.
Before proceeding, we would like to note that the data presented in the table below are not absolutes because the crypto market is highly volatile.
So keep it in mind that our forecast can go either way. However, we have tried our best by sourcing data from sites with a low margin of forecast errors. So, here's the price forecast for Stella Lumens (XLM) between 2022 to 2030.
| Year | Price |
| 2022 | $0.139 |
| 2023 | $0.199 |
| 2024 | $0.289 |
| 2025 | $0.409 |
| 2026 | $0.589 |
| 2027 | $0.869 |
| 2028 | $1.309 |
| 2029 | $1.929 |
| 2030 | $2.759 |
XLM price prediction: Further analysis
Based on the data from the table above, we can see a progressive rise in the value of Stella Lumens (XLM) although very slow. . Stellar Lumen is expected to hit pass the $1 mark by 2028 and $2.759 by 2030, representing a 3716% rise in value. For context, Stella has a total market cap of $2,970,645,654 and currently sells for $0.1162.
Despite its prospects to revolutionize borderless money transfer, critics believe Stellar, which claims to be a decentralized ecosystem, is not truly different from the Centralised Banking System. People doubt Stellar’s prospects because of:
KYC requirements: Cryptocurrencies and the blockchain thrives on user privacy and anonymity. When projects that claim to be cryptocurrency projects begin to require strict KYC data, then they have become Fintechs or banks. So most people think the Stellar Lumen (XLM) project is more of a fintech than a cryptocurrency project.
Centralized Consensus system: The Byzantine consensus system which the Stellar lumen network uses allows only a few validators approved by the Stellar Foundation. This has restricted access to the ecosystem to others. So basically, this has made Stellar Somewhat centralized.
It is a fork of Ripple (XRP): Most people believe that since Stellar lumen was forked from Ripple (XRP), its value is tied to Ripple. Therefore, the prospect that the value of Stellar Lumen will rise above $1 is shallow since Ripple itself currently sells at less than $1.
Although XLM has excellent prospects, especially in connecting the blockchain world with the financial system, many crypto investors will prefer to invest in coins and projects with utility and excellent chances to rise in value.
If you want our recommendation on coins that may likely hit $1 and above in the next few years, then we want you to check out IMPT.io and TAMA; these two new cryptocurrencies are the brightest in the market now. In the following sections, we will identify what makes these two coins unique and how they will each pump to $1 before the end of this year.
TAMA - The shining star shaking play-to-earn gaming
Only a few meme coins, like the TAMA token, have achieved acceptance in the mainstream cryptocurrency community. The TAMA token is a coin that grants access to the Tamaverse, a Metaverse-like world for the TAMA species.
Once in the Tamaverse, players can earn rewards while playing NFT-based 3d games. The Tamadoge also plans to expand to allow augmented reality where users can interact with each other in the ecosystem.
According to CoinMarketCap, TAMA has a market cap of $36,138,154 and is currently sold at $0.03494. Most market observers believe that the price of TAMA tokens will pump immediately after its ongoing Ultra-rare NFT sales.
Will XLM or TAMA be the first to pump to $1.00 before 2022?
TAMA is projected to hit the $1 target before the end of Q4 2022. For example, many observers believe that once TAMA finishes its current Ultra Rare NFT sale, its value will shoot up and may hit $1.
For XLM, there is high doubt that its value will reach $1 this year. Based on our analysis, it is set to hit the $1 mark as far as 2028. So if you are looking at both, you can see that TAMA is the best option for both long-term and short-term investments.
Once TAMA’s current Ultra Rare NFT sale completes today, we anticipate a rise in its value, attracting more people to jump on it. So generally, TAMA cryptocurrency has the brightest chance of reaching $1 before 2022.
Aside from Tamadoge, another outstanding eco-friendly crypto project you may want to consider is IMPT.io.
IMPT.io - the green revolutionary token that will shake the carbon credits industry.
Setting out to decentralize access to an inaccessible industry that has been hitherto controlled by big investment firms and individuals with access, the IMPT.io project was set for a long fight.
Although it faced challenges, the future looks better than the past. The IMPT.io project is a project borne out of a commitment to reduce global emissions and encourage companies to reduce their carbon footprints using blockchain-backed solutions.
IMPT has a high potential for broad adoption and has shown that for the past week. For example, it has raised over $3.6million at an initial price of $0.018. So its prospect is not in doubt.
The stage 1 presale of IMPT tokens with the target to raise $10 million or sell 600 million IMPT tokens before November 25 is ongoing and has already achieved ⅓ of its mark within the first week and two days.
Final thoughts
Investing in the crypto market is not a game for the faint-hearted; however, proper planning and research can help. The Stellar Lumen (XLM) crypto has been in a bear market for too long now, and its growth has been progressive but slow.
Therefore, many people have turned to new alternative coins such as IMPT and TAMA to invest their money. This post has provided enough details on the price forecast for XLM and its prospects vs. TAMA, hitting $1 before the end of this year. We hope you have learned enough.
This article is sponsored by FINIXIO
Author
Alan Draper
Clickout Media LTD
Based in the United Kingdom, Business 2 Community editor Alan is part of the team that’s responsible for ensuring all the content on our site is accurate, relevant and up-to-date.
