After a tumultuous start to 2022, cryptocurrency markets are recovering nicely. Investors could only watch and grimace as collective crypto prices plummeted last week. These falling prices caused many to wonder what the coming year would bring. Luckily, prices are rising again in the middle of this week. While most cryptos are still down for the week, they remain in the green for the day, suggesting prices have stabilized again. Some of the most impressive wins we’ve seen today come from Stellar Lumens (CCC:XLM USD). The open-source decentralized protocol’s crypto is up almost 12% for the day. However, unlike many other names on the list of the largest cryptos by market cap, XLM is up 1.45% in the green this week.
Stellar is an appropriate way to describe this crypto. In the weeks leading up to 2022, it was hailed as a likely outbreak for the coming year. As InvestorPlace’s Faizan Farooque reminds us, XLM has received a boost from its universal payment system used by IBM (NYSE:IBM) to enable more efficient payments worldwide. Farooque also notes that XLM tends to move in solidarity Bitcoin (CCC:BTC USD). If true, 2022 will likely be a good year for XLM crypto. Most experts remain bullish on Bitcoin even after the crash.
However, what are the Stellar Lumen price predictions for the coming years? Let’s take a look at what some industry experts expect.
Stellar Lumens Price Predictions: How High Can XLM Go?
- CryptoNewsZ predicts that the XLM cryptocurrency is likely to hit 90 cents by the end of 2022. However, it adds that XLM prices could go as high as 95 cents. But the high is not expected to be above 62 cents in the following year. This model predicts no price rise above 75 cents in 2024 and notes that it could fall as low as 57 cents.
- Wallet Investor is more bullish on XLM crypto. Its forecasting system still rates it as a “great” one-year investment. By the end of January 2022, they forecast prices could reach 30.64 cents. According to his model, Stellar Princes could rise by as much as 60% by January 2023 and 130% within the following year.
- Digitalcoin also maintains a bullish outlook on XLM. His model predicts that the crypto will hit 39.3 cents before the end of 2022 and 46 cents in 2023. Before the calendar rolls to 2025, it’s seeing XLM prices soar to as high as 50 cents.
- Gov Capital is very bullish when it comes to XLM. It claims that its prices could climb as high as 53.7 cents in just a year, which is about a 97% gain. If the platform’s algorithmic model for Stellar Lumen price predictions is correct, a $100 investment made today will be worth $197,462 in exactly one year.
On the day of publication, Samuel O’Brient held (neither directly nor indirectly) positions in the securities mentioned in this article. The opinions expressed in this article are those of the author and are subject to InvestorPlace.com’s publicity guidelines.
Article printed by InvestorPlace Media, https://investorplace.com/2022/01/stellar-lumens-price-predictions-where-will-the-red-hot-xlm-crypto-go-by-2025/.
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