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Here’s Why Stellar (XLM) and NEO are Growing in Popularity

The last year was fantastic for the crypto market. Hundreds of Cryptocurrencies skyrocketed and investors made tons of profits, but the best thing about 2017 is that it made the market popular. Cryptocurrencies are seen as the modern era’s gold rush and everyone wants a piece of the cake. Therefore, new investors are joining the market every day.

At the moment, there are 1,500 cryptocurrencies that investors can choose from. This makes it quite difficult for investors to decide where is the best place for them to put their money on.

In the middle of all these cryptocurrencies there are two names that shine the most, Stellar (XLM) and NEO. With that said, today we are going to present everything there is to know about these two cryptocurrencies.

Stellar (XLM)

Stellar (XLM) is regarded as a third-generation cryptocurrency. The main purpose of Stellar (XLM) is to provide users with an open-source network that connects them with global exchanges.

The best thing about Stellar is its XLM token which can be exchanged for FIAT currency. Another trait that makes Stellar (XLM) special is the fact that it’s designed to work with banks, similar to Ripple XRP.

Therefore, Stellar (XLM) is expected to be adopted by large corporations, financial systems and global banks in the not so far away future which will surely boost its price even further than it’s current $0.366728 price tag.

NEO

The first thing that comes every veteran investor’s mind when thinking about NEO is that it’s the Chinese version of Ethereum. NEO is quite similar to Ethereum, offering an open-source blockchain that uses smart contracts.

The NEO token is quite pricey, being valued at $113.16 and the total market capitalization sits at more than $7.3 billion. In addition, NEO’s value grew by 82,729% since the beginning of 2017.

The post Here’s Why Stellar (XLM) and NEO are Growing in Popularity appeared first on News4C.



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Here’s Why Stellar (XLM) and NEO are Growing in Popularity

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