Understand the Commercial Panorama of the Stars (XLM) and the Uncondent Tokens (NFT)
The world of cryptocurrencies has experienced rapid growth and development in the last decade. One of the most promising projects in this area is stellar (XLM), a decentralized cryptocurrency that allows rapid, cheap and safe transactions of cross transmission. In addition, NFF or unknown tokens have paid considerable attention to their individual value proposal in recent years. In this article, we are immersed in the commercial landscape for XLM and NFTS, exploring the key factors to take into account when entering the market.
Stellar Commercial Landscape (XLM)
Stellar is a decentralized public -source public blockchain network that allows rapid and safe cross transactions. The constellation was founded in 2014 by Jed McCaleb, former PayPal engineer and Joseph Sullivan, co -founder of Ripple. In May 2017, Token XLM launched as Stabrecoin in the constellation, whose objective is to maintain its value in relation to fiduciary currencies.
Here are some key statistics that illustrate the XLM trade panorama:
* Market capitalization : Since March 2023, market capitalization XLM is approximately $ 2.5 billion.
* Commercial volume : XLM The volume of daily trade has continued to grow last year and reached a maximum of $ 100 million in November 2022.
* Exchange listings
: XLM appears in many main cryptocurrencies, including coinbase, kraken and binance.
* Support and resistance levels : XLM shows a relatively low volatility, prices are quoted between $ 20-60. The level of subsidy is around $ 25-30, while the level of resistance is approximately $ 70.
Understand NFTS
Unclocked tokens (NFT) are unique digital devices that represent the property of a particular element or a collectible property. The concept of NFTS has been in operation since 2014, but in recent years, platforms such as Opensa and Ritible have received considerable attention.
Here are some key statistics that illustrate the commercial panorama of the NFT:
* Market capitalization : As of March 2023, the market capitalization of several NDP projects is estimated at approximately $ 1 billion.
* Commercial volume : NFT’s daily negotiation volume has grown constantly last year and reached a maximum of $ 10 million in October 2022.
* Exchange listings : NFT appears in a series of main cryptocurrencies, including coinbase, kraken and binance.
Comparison of XLM and NFT market volatility
XLM and NFT market volatility can be attributed to several factors, including underlying technology, adoption levels and price movements. Here is to compare the two markets:
* Voatality : XLM volatility is relatively low compared to NFT, prices are between $ 20 and $ 60.
* Price management : NFT market prices are more dynamic and more prone to sudden peaks or decrease due to demand and change of supply.
* Adoption rates : XLM shows a relatively lower acceptance rate than NFT, but is still growing rapidly.
Commercial strategies for XLM and NFT
When entering the XLM and NFT commercial scene, it is essential to understand several commercial strategies that can help navigate the market efficiently. Here are some key strategies:
* Alcista and Bear : Analyze price movements to identify trends and patterns.
* Support and resistance levels : Identify critical support and resistance levels to configure input and output points.
* Technical indicators : Use technical indicators such as RSI, Bollinger bands and mobile averages to confirm commercial decisions.
Conclusion
The XLM and NFTS commercial landscape constantly evolve due to the rapid growth of these markets.