finbold.com
With the majority of assets in the cryptocurrency sector resuming their upward advance, Stellar (XLM) has been no exception, with its Lumens recording gains on all of the observed charts, and artificial intelligence (AI) see more bullishness for this altcoin by the end of this year.
As it happens, Stellar has intensified its gains in recent weeks, particularly as the network has renewed its bid to overtake Ethereum (ETH) by launching a smart contracts platform for decentralized apps (dApps) developers, and advanced AI price projecting algorithms predict more improvement by the end of 2024.
Stellar Lumens price prediction 2024
Indeed, according to one of these AI algorithms, which relies on the historical XLM price movements and the Bitcoin (BTC) halving cycles, the token could end the year at the price of $0.410633, which would represent an increase of a strong 204.85% compared to its current values.
At the same time, machine learning price projecting platform CoinPriceForecast has set the price of Stellar at $0.15 (+11.36%) by the end of 2024, with the Stellar Lumens price prediction 2025 targeting $0.16 by mid-year and $0.17 by the year’s end, as per the latest forecasts.
Elsewhere, one of the more recent ChatGPT models by OpenAI, called GPT-4, has provided the possible Stellar price prediction 2024 values in the spectrum between $0.121 and $0.44, considering that XLM “has the potential for an upward price trajectory by the end of 2024.”
Meanwhile, ChatGPT’s major competitor and the latest Anthropic AI model, Claude 3 Opus, has offered its own conservative estimate in the area of $0.50 – $0.75, as well as the more optimistic target in the $1.00 – $1.50 zone, highlighting that:
“Stellar Lumens (XLM) has shown promising growth potential, with experts and analysts predicting a positive future for the cryptocurrency.”
Stellar Lumens price analysis
At press time, the price of Stellar Lumens stood at $0.1347, which means that XLM has advanced 0.81% on its daily chart, increasing 2.78% across the last week, adding up to its monthly gain of 15.03%, as per the latest data obtained by Finbold on March 25.
Incidentally, the recent price advances for XLM accompany its Stellar Development Foundation’s announcement of investing $100 million into the launch of its Soroban platform for dApp developers to increase its competitive edge against Ethereum.
Overall, Stellar Lumens price might, indeed, reach one of the AI platforms’ predictions offered above. However, the situation in this sector can change on a whim, so staying on top of any XLM news and doing one’s own research is important before investing in it.
Disclaimer: The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.